$175 million in liquidations across the crypto market over the past 24 hours: $105 million in long positions and $69.6339 million in short positions. Will this have a big impact on the market?
This bearish news may prompt some funds to exit first. Whether they return later depends on market conditions. Going forward, watch whether the coin price can hold above the day's opening price after the news.
Related coin: $BTC , currently at 74077.65