Cryptocurrency Market Experiences Major Liquidations of $375 Million

A recent analysis by Foresight News reveals that the cryptocurrency market suffered over $375 million in liquidations within the past 24 hours. Long positions contributed to $281 million of this total, while short positions experienced $94.26 million in losses. This data paints a picture of the ongoing volatility and inherent risk present within the crypto trading space. Ethereum was particularly impacted with $159 million in liquidations, while Bitcoin witnessed approximately $66.16 million in losses. This substantial event underscores the need for caution and careful consideration when engaging in cryptocurrency trading.