The cryptocurrency market experienced significant turbulence with $1.501 billion in liquidations over the past 24 hours, according to CoinGlass data. Long positions bore the brunt, accounting for $1.213 billion of the total liquidations, while short positions saw $288 million liquidated. This wave of liquidations reflects heightened volatility and market adjustments impacting traders globally.
Crypto Market Sees $1.501 Billion in Liquidations, Longs Hit Hardest
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