Crypto Market Sees $25 Million in Liquidations in Just Four Hours

The cryptocurrency market experienced a sharp shakeup, with over $25.13 million in liquidations recorded within the last four hours, according to data from Coinglass. Notably, long positions saw a significant impact of $23.29 million being liquidated during this time period. Short positions also saw a corresponding amount of $1.84 million in liquidations. These extreme fluctuations demonstrate the fast-paced and volatile nature of trading within the crypto market.