The cryptocurrency market experienced significant liquidations in the past week, primarily affecting long positions. Data from CoinGlass reveals that over $1.25 billion in total was liquidated across various crypto exchanges, highlighting the market's volatility. Binance saw the highest amount of liquidations, totaling $607 million, with the majority coming from long positions. OKX followed with liquidations of $408 million, while HTX and Bybit also had substantial liquidations. Other smaller exchanges like Coinex, Bitmex, and Bitfinex also experienced liquidations. These figures indicate that traders are struggling to navigate the volatile market and need to adjust their strategies accordingly.



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