Total Liquidation Surpasses $140 Million As Bitcoin (BTC) Continues Downtrend

The crypto market experienced a significant downturn over the past 24 hours, leading to a total liquidation of over $140 million as Bitcoin (BTC) continues its downtrend. According to data from Coinglass, a record of approximately 57,585 traders have been liquidated, and the total value is still counting.
Notably, traders that are currently experiencing major losses with the overall downward trend of the crypto market are those who have taken long positions, speculating that the market will even