Cryptocurrency Market Sees $278 Million in Liquidations as Volatility Returns
The cryptocurrency market experienced significant turbulence during the past 24 hours, with leveraged positions worth $278 million being liquidated across major exchanges. Data from CoinAnk reveals that long positions bore the brunt of the market movement, accounting for $211 million of the total liquidations, while short positions saw $66.34 million in forced closures. Bitcoin and…