Crypto Market Hit with $221M in Liquidations
According to data from Coinglass via TechFlow, the crypto market experienced $221 million in liquidations over the past 24 hours.
🔻 Long positions: $155 million
🔺 Short positions: $65.29 million
👥 Traders affected: 85,525
💥 Largest single liquidation: $2.96 million on a BTCUSDT trade via a centralized exchange (CEX)
These figures highlight the ongoing volatility and risk in crypto trading, especially for leveraged positions.