Cryptocurrency Market Experiences Significant Liquidations

According to TechFlow, the cryptocurrency market witnessed substantial liquidations amounting to $222 million over the past 24 hours, as reported by Coinglass data on May 5. Long positions accounted for $173 million of the liquidations, while short positions totaled $48. 6 million. A total of 77,966 traders faced liquidations, with the largest single liquidation occurring on a centralized exchange (CEX) involving an ETH-USDT position valued at $2 source: https://www.binance.com/en/square/post/23842519417569?utm_source=BinanceNewsRSS