Data: In the past 24 hours, the entire network has liquidated 503 million USD, mainly long positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $503 million, of which long positions accounted for $363 million and short positions accounted for $140 million.

The liquidation amount for BTC reached $199 million, while ETH saw liquidations of $136 million. In the past 24 hours, a total of 147,323 people were liquidated, with the largest single liquidation occurring on the BTC-USDT trading pair of Aster, valued at $11.1713 million.