#Over \$100 million in cryptocurrency liquidations.#

The crypto market has recently witnessed a large-scale liquidation event. Data shows that the total amount of liquidated contracts across the entire network reached $121 million in the past 24 hours, with $92.64 million in long positions liquidated, accounting for 76.5% of the total liquidated amount. In the past hour alone, the total amount of liquidated contracts reached $10.41 million, with $10.31 million in long positions liquidated, accounting for 99.04% of the total liquidated amount. This indicates that the market has been experiencing significant volatility recently, with long positions suffering heavy losses. Among them, Bitcoin liquidations amounted to $27.57 million and $2.29 million respectively, accounting for 22.72% and 22.02% of the total liquidated amount for each time period, highlighting the massive impact of Bitcoin market volatility on investors. Although Bitcoin has seen a slight rise in the past 24 hours, the market remains highly volatile, and investors need to be cautious and control their risks.