Crypto Market Suffers $744 Million Liquidations in 24 Hours Amid Volatility

The cryptocurrency market experienced a significant shakeup over the past 24 hours, with nearly $744 million worth of Bitcoin and Ethereum derivatives being liquidated on major exchanges such as Bybit, Binance, and OKX. This liquidation spree highlights the inherent volatility within the crypto landscape and its impact on traders’ portfolios, particularly those holding long positions.