#Crypto Market Sees Another Liquidation#

The cryptocurrency market witnessed another round of liquidations recently, with total liquidations across the entire network reaching $448 million in the past 24 hours, including $328 million in long positions. While SOL price surged by 18.74% in the past 24 hours, $56.97 million worth of SOL contracts were liquidated, accounting for 12.69% of the total liquidations. Furthermore, within the past hour, total liquidations across the entire network reached $57.32 million, with $51.18 million in long positions and $5.89 million in ETH liquidations, accounting for 10.28% of the total liquidations. This indicates that despite some recent positive signs in the market, market sentiment remains cautious, and investors remain divided on the market's direction, leading to intensified speculation between bulls and bears, ultimately resulting in frequent liquidations.