Data: In the past 24 hours, the total liquidation across the network reached 397 million USD, mainly from short positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $397 million, of which long positions accounted for $152 million and short positions accounted for $245 million.

The liquidation amount for BTC reached $158 million, while ETH saw a liquidation of $122 million. In the past 24 hours, a total of 104,461 people were liquidated, with the largest single liquidation occurring on the BTC-USD trading pair on Hyperliquid, valued at $12.623 million.