Cryptocurrency Market Experiences $218 Million in Liquidations Over 24 Hours

According to PANews, data from Coinglass reveals that the cryptocurrency market witnessed liquidations totaling $218 million over the past 24 hours. Of this amount, long positions accounted for $138 million, while short positions saw liquidations of $80.25 million. Bitcoin (BTC) experienced liquidations amounting to $45.07 million, and Ethereum (ETH) saw liquidations totaling $33.23 million.