Cryptocurrency Market Experiences $225 Million Liquidation

According to PANews, recent data from Coinglass reveals that the cryptocurrency market witnessed a total liquidation of $225 million in the past 24 hours. Of this amount, long positions accounted for $68.73 million, while short positions saw liquidations totaling $156 million. Bitcoin (BTC) experienced a total liquidation of $90.06 million, and Ethereum (ETH) saw liquidations amounting to $39.87 million.