Cryptocurrency Liquidations Reach $88.94 Million in Past 12 Hours

As reported by Foresight News, recent data from Coinglass indicates that a staggering $88.94 million was liquidated in cryptocurrency assets within the past 12 hours. What's particularly noteworthy is that over $65.96 million of this amount came from long positions, pointing to a significant shift in market sentiment and potential losses for investors.