Cryptocurrency Market Experiences $268 Million Liquidation in 24 Hours

According to PANews, recent data from Coinglass reveals that the cryptocurrency market witnessed a total liquidation of $268 million in contracts over the past 24 hours. Of this amount, long positions accounted for $63.71 million, while short positions saw a liquidation of $204 million. Bitcoin (BTC) experienced a total liquidation of $29.11 million, and Ethereum (ETH) saw $60.09 million in liquidations.