Cryptocurrency Market Experiences Significant Liquidations

According to BlockBeats, Coinglass data reveals that in the past four hours, the cryptocurrency market witnessed liquidations totaling $81.07 million. Of this amount, long positions accounted for $76.72 million, while short positions made up $4.35 million. Over the last 24 hours, a total of 67,512 traders faced liquidations, with the cumulative amount reaching $211 million. The largest single liquidation occurred on Hyperliquid's ETH-USD pair, valued at $9.43 million.