Crypto Market Faces $104 Million in Liquidations Within 24 Hours:


Over the past 24 hours, the crypto market saw a total of $104 million in liquidations, revealing heightened volatility.

Data from Coinglass shows that short positions were hit the hardest, contributing $78.54 million, while long positions accounted for $25.88 million.

Major assets like Bitcoin and Ethereum were significantly affected, with BTC seeing $14.09 million and ETH $15.75 million in liquidations.

This sharp movement indicates increased market sensitivity and the potential risks involved in leveraged trading. Traders on both sides—bullish and bearish—faced losses, signaling the need for strategic risk management.

With rapid price shifts continuing, market participants are urged to remain cautious and closely monitor market trends.
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