According to Foresight News, recent data from Coinglass reveals that the global cryptocurrency market experienced a liquidation of approximately $344 million within the past 24 hours. This figure includes the liquidation of $278 million in short positions and $65.43 million in long positions.
Ethereum, a leading cryptocurrency, saw a liquidation of about $118 million. Bitcoin, the world's largest and most popular cryptocurrency, experienced a liquidation of approximately $97.75 million. This data provides a snapshot of the volatility and risk associated with cryptocurrency trading, as large amounts of assets can be liquidated in a short period.