COINOTAG reports that the latest data from Coinglass reveals significant trading activities within the cryptocurrency market. Over the last four hours, Ethereum experienced liquidations totaling approximately $13.60 million, while Bitcoin followed closely with $7.43 million in liquidated positions. The comprehensive figures indicate that overall liquidations across the network reached a substantial $31.53 million. Notably, long positions accounted for $5.68 million of the liquidations, whereas short positions dominated with $25.85 million. This disparity highlights the increasing volatility and trader sentiment prevalent in the current market environment, underscoring the importance for investors to remain vigilant and adequately manage risk in their cryptocurrency strategies.
Source: https://en.coinotag.com/breakingnews/ethereum-leads-liquidations-with-13-60-million-amid-31-53-million-total-in-crypto-market/