Cryptocurrency Market Sees $228 Million in Liquidations Over 24 Hours

According to PANews, data from Coinglass reveals that the cryptocurrency market experienced liquidations totaling $228 million over the past 24 hours. Of this amount, long positions accounted for $166 million, while short positions saw liquidations of $62 million. Bitcoin (BTC) faced liquidations amounting to $27.97 million, and Ethereum (ETH) saw $25.98 million in liquidations.