🚨 Significant liquidation events have occurred in the cryptocurrency market over the past 24 hours, totaling $1.06 billion. A notable incident involved a trader who suffered a loss of $88.55 million on a BTC/USDT trade on a centralized exchange platform.
The liquidation data shows that short positions accounted for $965.73 million, while long positions constituted $96.67 million of the total liquidations.