Cryptocurrency Market Sees $118 Million in Liquidations Over 24 Hours

According to PANews, data from Coinglass reveals that the cryptocurrency market experienced liquidations totaling $118 million over the past 24 hours. Of this amount, long positions accounted for $63.57 million, while short positions saw liquidations of $54.90 million. Bitcoin (BTC) faced liquidations amounting to $10.06 million, and Ethereum (ETH) saw liquidations totaling $26.25 million.