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Guavy AI Editorial Team••Sentiment: -2•Clout: 35

Cryptocurrency Market Experiences Record-Breaking Liquidations

BTCETH

The cryptocurrency market has seen a substantial increase in liquidations over the past 24 hours, according to data from CoinGlass.

A total of $383 million was liquidated, with short positions accounting for the majority at $256 million. Long positions made up $127 million of the total.

Bitcoin and Ethereum were among the most affected assets, with Bitcoin liquidations reaching $194 million and Ethereum liquidations totaling $98.5 million.