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Over the past 24 hours, cryptocurrency futures markets saw significant volatility, with total liquidations reaching approximately $631 million across the network. This included $371 million in long positions and $260 million in short positions, reflecting sharp price movements on both sides of the market.
According to analysing the data on March 23, Bitcoin $BTC accounted for $196 million of these liquidations, while Ethereum $ETH contributed $113 million.
Overall, this level of liquidation highlights how quickly market sentiment can shift, reminding traders of the importance of risk management during periods of heightened volatility.
#BTC #ETH #liquidation