Data: In the past 24 hours, the entire network has liquidated 253 million USD, mainly short positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $253 million, with long positions liquidated at $205 million and short positions liquidated at $47.7044 million.

The liquidation amount for BTC reached $68.8796 million, while ETH saw liquidations of $87.8908 million. In the past 24 hours, a total of 90,432 people were liquidated, with the largest single liquidation occurring on the Hyperliquid XYZ:SP500-USD trading pair, valued at $9.3155 million.