Data from CoinGlass showed that total liquidations across the cryptocurrency market reached $583 million in the past 24 hours. Long positions accounted for the bulk of the losses at $511 million, while short liquidations came to $71.9643 million. In total, 129,586 traders were liquidated during the period. The figures point to a sharp round of position unwinds across the market within a single day.
According to CoinGlass data cited by ChainCatcher, total liquidations across the cryptocurrency market reached $583 million over the past 24 hours.
Of that amount, long liquidations totaled $511 million, while short liquidations came in at $71.9643 million. A total of 129,586 traders were liquidated during the period.
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