Data: In the past 24 hours, the entire network has liquidated 448 million USD, mainly long positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $448 million, with long positions liquidated at $338 million and short positions liquidated at $110 million.

The liquidation amount for BTC reached $117 million, and for ETH, it was $135 million. A total of 108,342 people were liquidated in the past 24 hours, with the largest single liquidation occurring on the ETH-USDT trading pair on Binance, valued at $7.9071 million.