According to Foresight News, data from Coinglass reveals that approximately $168 million worth of positions were liquidated across the cryptocurrency market in the past 24 hours. Out of this amount, short positions accounted for over 67%, or $114 million. Bitcoin liquidations made up $69.54 million, while Ethereum liquidations amounted to $27.24 million.
These liquidations highlight the volatility of the cryptocurrency market, as investors continue to navigate the rapidly changing landscape. Despite the significant amount of liquidations, the overall market remains resilient, with many cryptocurrencies maintaining their value or experiencing growth.