Sharp and abrupt market fluctuations result in severe liquidations as witnessed in last 24 hours of $440 Million, mostly Longs. Crypto Giants bleeding the most. Investors aghast

According to ChainCatcher, data from CoinAnk reveals that the cryptocurrency market witnessed contract liquidations totaling $440 million in the past 24 hours. Of this amount, long positions accounted for $355 million, while short positions saw liquidations of $85.52 million. Bitcoin (BTC) experienced liquidations amounting to $128 million, and Ethereum (ETH) saw liquidations totaling $15.1 million.