Recent data reveals that the cryptocurrency market faced substantial liquidations, with long positions totaling $177 million and short positions reaching $571 million, indicating ongoing market volatility.
In the past 24 hours, the cryptocurrency market experienced $748 million in liquidations, with $177 million from long positions and $571 million from short positions. Bitcoin saw approximately $69.8 million in liquidations, while Ethereum accounted for about $178 million.