Cryptocurrency Market Experiences $244 Million Liquidation in 24 Hours

According to PANews, data from Coinglass reveals that the cryptocurrency market saw contract liquidations totaling $244 million over the past 24 hours. Long positions accounted for $114 million of the liquidations, while short positions amounted to $130 million. Bitcoin (BTC) experienced liquidations totaling $86.29 million, and Ethereum (ETH) saw liquidations of $50.75 million.