Cryptocurrency Market Experiences $140 Million in Liquidations Over 24 Hours

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AI Summary

The cryptocurrency market has seen $140 million in liquidations over the past 24 hours, with long positions accounting for $82 million and short positions for $57 million. This indicates a high level of volatility and risk in the market, which could potentially lead to further losses for investors.

According to PANews, data from Coinglass reveals that the cryptocurrency market witnessed liquidations totaling $140 million in the past 24 hours. Of this amount, long positions accounted for $82.097 million, while short positions made up $57.8692 million. Bitcoin (BTC) saw liquidations amounting to $17.4803 million, and Ethereum (ETH) experienced liquidations totaling $28.9123 million.

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BTC

94,889.89

-0.27%

ETH

1,827.83

+0.98%

Cryptocurrency Market Experiences $140 Million in Liquidations Over 24 Hours

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