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24-hour liquidation exceeds 110 million, long positions under pressure, and shorts also fail to escape
【Crypto World】The cryptocurrency market has experienced significant fluctuations in the past 24 hours. Data shows that the total liquidation amount reached $118.61 million. Among them, long positions were liquidated for $75.31 million, while short positions were liquidated for $43.30 million.
Interestingly, the liquidation amount for longs is significantly higher than for shorts. This reflects that, during this period, bullish traders faced greater pressure. However, shorts didn’t get away unscathed—$43.30 million in liquidations indicate that even shorting requires caution.
From these data, market volatility remains quite intense. Whether leveraging long or short positions, the risks are substantial. Traders should exercise extra caution at this time.