Crypto Market Sees $665M Short Position Liquidation in 24 Hours
The cryptocurrency market saw significant short position liquidations over a 24-hour period, totaling $665.81 million.
The largest blows were felt by Bitcoin and Ethereum, with a combined daily loss of $789.57 million.
In contrast, the altcoins NEAR and XRP rallied, with XRP's price reaching $1.50.
Liquidation maps indicate critical levels for Bitcoin at $86,385 and Ethereum at $2,757.