Data: In the past 24 hours, the total liquidation across the network reached 656 million USD, with long positions liquidated at 481 million USD and short positions liquidated at 175 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $656 million, with long positions liquidated at $481 million and short positions liquidated at $175 million. Among them, Bitcoin long positions were liquidated at $127 million, Bitcoin short positions at $41.1141 million, Ethereum long positions at $194 million, and Ethereum short positions at $28.5214 million.

In addition, in the last 24 hours, a total of 175,684 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - ETH-USD worth $24.2266 million.