Data: In the past 24 hours, the total liquidation across the network reached 437 million USD, mainly from short positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $437 million, of which long positions accounted for $136 million and short positions accounted for $301 million.

The liquidation amount for BTC reached $184 million, and for ETH, it was $141 million. In the past 24 hours, a total of 114,992 people were liquidated, with the largest single liquidation occurring on the BTC-USD trading pair on Hyperliquid, valued at $8.6505 million.