Crypto Market Sees $124 Million in Liquidations Over Past 24 Hours, Coinglass Data Shows

The crypto market recorded $124 million in liquidations over the past 24 hours, according to Coinglass data. According to ChainCatcher, long positions accounted for $75.5 million in liquidations, while short positions totaled $48.2 million. Bitcoin liquidations reached $14.5 million during the period, and Ethereum liquidations totaled $12.4 million, the data showed.