Liquidations decreased to a value of 220 million dollars over the past 24 hours

This confirms the nearing return and transition from liquidation to buying, with an increase to 48,610,810,925 to a new all-time high.

According to PANews, data from Coinglass reveals that the cryptocurrency market experienced total liquidations amounting to 220 million dollars in the past 24 hours. Of this amount, long positions accounted for 102 million dollars, while short positions saw liquidations of 118 million dollars. Bitcoin (BTC) experienced liquidations worth 56.01 million dollars, while Ethereum (ETH) saw liquidations of 79.55 million dollars.