Data: In the past 24 hours, the total liquidation across the network reached 505 million USD, with long positions liquidated at 384 million USD and short positions liquidated at 121 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $505 million, with long positions liquidated at $384 million and short positions liquidated at $121 million. Among them, Bitcoin long positions were liquidated at $132 million, Bitcoin short positions at $47.4356 million, Ethereum long positions at $119 million, and Ethereum short positions at $32.6508 million.

In addition, in the last 24 hours, a total of 149,599 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD worth $23.185 million.