Cryptocurrency Market Sees Significant Liquidations: Record Losses of over $90 Million

The cryptocurrency market experienced substantial liquidation events in the past 24 hours, according to Coinglass data shared by TechFlow. The losses totaled a staggering $91.45 million, with both long and short positions facing liquidations worth an equal amount of $50.01 million each. Ethereum (ETH) suffered liquidations amounting to $27.49 million, while Bitcoin (BTC) experienced $12.94 million in losses. ANIME also recorded $5.89 million in liquidation. A total of 46,385 traders were impacted by these events, with the largest single liquidation occurring on a centralized exchange (CEX) for the ETH-USDT trading pair, reaching $1.42 million.