Data: In the past 24 hours, the entire network has liquidated 584 million dollars, mainly from short positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $584 million, with long positions liquidated at $181 million and short positions liquidated at $404 million.

The liquidation amount for BTC reached $190 million, and for ETH, it was $99.9392 million. In the past 24 hours, a total of 137,592 people were liquidated, with the largest single liquidation occurring on the BTCUSDC trading pair on Binance, valued at $6.1364 million.