Crypto Market Liquidation Hits $366 Million in 24 Hours

A recent report from Coinglass reveals a significant market liquidation event, with $366 million in trades wiped out over the past 24 hours. This includes $208 million of long positions and $158 million of short positions. Notably, Bitcoin (BTC) experienced $88.845 million in liquidations, while Ethereum (ETH) faced a similar amount at $72.9094 million.