Cryptocurrency market liquidations exceed $1.2 billion, with long position liquidations reaching $1.04 billion

Odaily reports that Coinglass data shows cryptocurrency market liquidations have exceeded $1.2 billion, with long position liquidations amounting to $1.04 billion. Bitcoin's price briefly dropped to $73,500, then briefly rebounded above $75,400 before falling again.

Bitcoin leveraged position liquidations exceeded $324 million, of which long position liquidations exceeded $281 million. Ethereum liquidations exceeded $507 million. (Bitcoin.com News)