Cryptocurrency Market Sees $108 Million in Liquidations Over 24 Hours
The cryptocurrency market witnessed significant liquidations, with long positions contributing heavily. This trend suggests increased volatility and potential market downturns in the near future.
According to Foresight News, data from Coinglass reveals that the cryptocurrency market experienced liquidations totaling $108 million in the past 24 hours. Long positions accounted for $76.58 million of the liquidations, while short positions made up $31.52 million. Bitcoin saw liquidations amounting to $15.48 million, and Ethereum experienced $13.41 million in liquidations.
