Data: In the past 24 hours, the entire network has liquidated 521 million dollars, mainly short positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached 521 million USD, of which long positions accounted for 103 million USD and short positions for 418 million USD.

The liquidation amount for BTC reached 287 million USD, while ETH saw a liquidation of 118 million USD. In the past 24 hours, a total of 125,092 people were liquidated, with the largest single liquidation occurring on the BTC-USD trading pair on Hyperliquid, valued at 8.1837 million USD.