Crypto market hit by $220M in liquidations as volatility surges

20-5-2025 – The cryptocurrency market has been rocked by a staggering $220 million in liquidations, according to data from Coinglass. This seismic wave of forced closures underscores the volatility gripping digital assets, with short positions bearing the brunt at $118 million, narrowly outpacing the $102 million in long positions wiped out. Ethereum (ETH) emerged as [. source: https://www.cointrackdaily.com/crypto-market-hit-by-220m-in-liquidations-as-volatility-surges/