Cryptocurrency Market Experiences $281 Million Liquidation in 24 Hours

The cryptocurrency market saw significant liquidations amounting to $281 million over the past 24 hours, according to CoinAnk data. According to Foresight News, long positions accounted for approximately $213 million of the liquidations, while short positions made up around $68.08 million. Bitcoin experienced liquidations of about $87.49 million, and Ethereum saw liquidations totaling approximately $60.49 million.