The cryptocurrency market experienced significant liquidations totaling $367 million in the past 24 hours, according to Coinglass data. Long positions bore the brunt, accounting for $274 million of the liquidations, while short positions saw $92.77 million liquidated. Bitcoin and Ethereum were notably affected, with BTC liquidations reaching $105 million and ETH liquidations totaling $101 million.
Crypto Market Faces $367 Million in Liquidations, Long Positions Hit Hardest
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