PANews reports updated Coinglass data showing a surge in crypto contract liquidations at $274 million over the past day, with significant contributions from Bitcoin and Ethereum.
According to PANews on August 7th, Coinglass data revealed that liquidations in the crypto market totaled $274 million over the past 24 hours, with $216 million from long positions and $58.4268 million from short positions. Bitcoin liquidations reached $36.6255 million and Ethereum liquidations totaled $138 million.