Cryptocurrency Market Seeks $159 Million in Liquidations

A recent report by BlockBeats reveals that the cryptocurrency market experienced significant liquidation activity, totaling $159 million within the past 24 hours. Long positions accounted for a substantial $121 million of this amount, while short positions contributed $38.15 million. This period also saw the liquidation of 84,258 traders globally. The largest single liquidation occurred on OKX’s BTC-USDT-SWAP with a value of $2.3577 million.