Whiplash in the Crypto World: $160M Vanishes in 24-Hour Liquidation Frenzy
In a dramatic turn of events, the crypto market has witnessed a staggering $160 million in liquidations within the last 24 hours, according to data from Coinglass reported by BlockBeats. A whopping $131 million came from long positions, while short positions saw $28.82 million wiped out. This wave of liquidations underscores the high-stakes volatility and ever-present risks that traders face in the digital asset space.