Coinglass reports $587 million in crypto liquidations over the past 24 hours, with long positions heavily impacted, reflecting intensified market volatility affecting over 133,000 traders worldwide.
Coinglass data shows the cryptocurrency market saw $587 million in liquidations over the past 24 hours, impacting 133,228 traders globally. Long positions accounted for $504 million of the losses, while short positions faced $82.32 million in liquidations. The data indicates significant volatility and a disproportionate impact on leveraged long trades.