Cryptocurrency Market Experiences Significant Liquidations

According to TechFlow, recent data from Coinglass reveals that the cryptocurrency market witnessed liquidations totaling $192 million over the past 24 hours. Of this amount, long positions accounted for $70.8 million, while short positions saw liquidations worth $122 million. A total of 71,212 traders were affected globally, with the largest single liquidation occurring on a centralized exchange (CEX) involving a BTCUSDT trade valued at $3.2799 million.