According to Foresight News, data from Coinglass reveals that the total liquidation of cryptocurrencies across the globe in the past 24 hours has reached $121 million. This includes $82.92 million from long positions and $38.32 million from short positions. Bitcoin, the leading cryptocurrency, accounted for approximately $34.97 million of the total liquidations, while Ethereum, the second-largest cryptocurrency by market cap, accounted for about $20.35 million. This data provides a snapshot of the volatile nature of the cryptocurrency market, which is subject to rapid fluctuations in value.
