Bears are returning to the crypto market as sentiment turns slightly negative. In the last 24 hours, almost $138 million has been wiped out in a massive wave of liquidation, impacting thousands of traders across various exchanges. CoinGlass reports that 54,568 traders were liquidated, with the majority of the $138 million coming from long liquidations. Binance and OKX led the charge in terms of liquidations. The market has shown mixed results, with Bitcoin and Ethereum experiencing slight decreases. The extensive liquidations have raised concerns about future price stability. Analysts predict increased volatility and potential buying opportunities for investors.



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