Crypto markets experienced significant turbulence with over $62 million in liquidations within the past hour, according to Coinglass data. Long positions bore the brunt, accounting for $59.6 million of the total liquidations, while short positions saw $3.24 million liquidated. Ethereum and Bitcoin were notably affected, with $29.6 million in ETH positions and $23.64 million in BTC positions liquidated.
Crypto Markets See $62 Million in Liquidations, Long Positions Suffer
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