Data: In the past 24 hours, the total liquidation across the network reached 588 million USD, with long positions liquidated at 460 million USD and short positions liquidated at 127 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $588 million, with long positions liquidated at $460 million and short positions liquidated at $127 million. Among them, Bitcoin long positions were liquidated at $225 million, Bitcoin short positions at $55.8424 million, Ethereum long positions at $97.2982 million, and Ethereum short positions at $27.0471 million.

In addition, in the last 24 hours, a total of 173,857 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD worth $15.6095 million.