In the past 12 hours, the entire network has liquidated $291 million, mainly from long positions

ChainCatcher news, according to Coinglass data, the total liquidation in the past 12 hours reached 291 million USD, with a total of 110,469 people liquidated globally. Among them, long positions accounted for 272 million USD and short positions accounted for 19.82 million USD. The largest single liquidation occurred on the Binance platform for the ETHUSDT contract trading pair, valued at 6.8163 million USD.