Cryptocurrency Liquidations Reach $233 Million in One Hour

According to BlockBeats, data from Coinglass reveals that cryptocurrency liquidations reached $233 million in just one hour on February 20th. Of this amount, $43.96 million were long positions, while $189.01 million were short positions. In the past 24 hours, total liquidations across the network amounted to $1.9 billion. These figures highlight the volatility of the cryptocurrency market, with traders experiencing significant losses in a short period of time. As the market continues to fluctuate, investors should remain cautious and be prepared for potential losses.