Data: In the past 24 hours, the entire network has liquidated 178 million USD, mainly long positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $178 million, of which long positions accounted for $143 million and short positions accounted for $34.715 million.

The liquidation amount for Bitcoin (BTC) reached $66.691 million, and for Ethereum (ETH) it was $42.15 million. A total of 69,679 people were liquidated in the past 24 hours, with the largest single liquidation occurring on the Hyperliquid BTC-USD trading pair, valued at $36.007 million.