Cryptocurrency Market Experiences Significant Liquidations in 24 Hours

According to Odaily, Coinglass data reveals that the cryptocurrency market witnessed substantial liquidations exceeding $89 million in the past 24 hours. Of this amount, short positions accounted for $51.94 million, while long positions saw liquidations totaling $37.05 million. Additionally, in the last hour alone, the market experienced liquidations amounting to $42.18 million, affecting both long and short positions.