Cryptocurrency Market Sees $121 Million in Liquidations Over 24 Hours

According to PANews, data from Coinglass reveals that the cryptocurrency market experienced liquidations totaling $121 million over the past 24 hours. Of this amount, long positions accounted for $58.93 million, while short positions made up $61.76 million. Bitcoin (BTC) saw liquidations amounting to $17.97 million, and Ethereum (ETH) experienced liquidations totaling $16.72 million.