Cryptocurrency Market Experiences Significant Liquidations

According to TechFlow, data from Coinglass reveals that the cryptocurrency market witnessed liquidations totaling $849 million over the past 24 hours. Of this amount, long positions accounted for $714 million, while short positions made up $135 million. Bitcoin saw liquidations amounting to $212 million, and Ethereum experienced $278 million in liquidations. During this period, a total of 209,216 traders faced liquidations, with the largest single liquidation occurring in the ETH-USDT trading pair on a centralized exchange, valued at $19 source: https://www.binance.com/en/square/post/30212933349769?utm_source=BinanceNewsRSS