Cryptocurrency Market Experiences $204 Million in Liquidations Over 24 Hours

In the past 24 hours, the cryptocurrency market witnessed liquidations totaling $204 million, according to ChainCatcher. Data from Coinglass reveals that long positions accounted for $60.21 million of the liquidations, while short positions amounted to $144 million. Bitcoin saw long position liquidations of $13.42 million and short position liquidations of $85.48 million. Meanwhile, Ethereum experienced long position liquidations of $16.99 million and short position liquidations of $28.83 million.