According to Foresight News, data from Coinglass reveals that the cryptocurrency market witnessed liquidations totaling $104 million in the past 24 hours. Long positions accounted for $25.88 million of the liquidations, while short positions saw $78.54 million liquidated.
Bitcoin experienced liquidations amounting to $14.09 million, and Ethereum saw $15.75 million in liquidations. These figures highlight the volatility and rapid changes in the cryptocurrency market, affecting both long and short positions significantly.