Data: Bitcoin liquidations exceeded 650 million dollars in 24 hours, with ETH having the highest single liquidation

According to CoinGlass, the cumulative liquidation in the cryptocurrency futures market in the past 24 hours was about $657 million, affecting approximately 137,900 people, with long positions liquidated at about $598 million and short positions at about $58.81 million. The largest single liquidation occurred in Hyperliquid's ETH-USD contract, amounting to approximately $14.1486 million.