In the last 24 hours, the cryptocurrency market saw $296 million in liquidations, with short positions accounting for the majority. According to Coinglass data, $216 million of the liquidated positions were shorts, while $79.62 million were longs. Bitcoin, Ethereum, and Zcash were among the most affected, with liquidations reaching $104 million, $85.74 million, and $18.19 million respectively.
$296 Million in Crypto Positions Liquidated, Predominantly Shorts
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