In the recent 24 hours, the cryptocurrency market underwent significant fluctuations, culminating in massive liquidations reaching an astonishing figure of $224 million. During this liquidation event, long positions emerged as the primary cause, with liquidation amounts totaling $191 million. In comparison, short positions resulted in only $33.56 million in liquidations. This indicates that during this time, the bullish forces were relatively stronger, leading to greater losses for those holding long positions. This information was supplied by the professional platform Coinglass, providing valuable references for investors and market participants to better comprehend market dynamics and risk distribution.