Data: In the past 24 hours, the entire network has liquidated 514 million dollars, mainly long positions

According to Coinglass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $514 million, of which long positions accounted for $384 million and short positions accounted for $130 million.

The liquidation amount for BTC reached $118 million, while ETH saw a liquidation of $177 million. In the past 24 hours, a total of 153,078 people were liquidated, with the largest single liquidation occurring on the Hyperliquid HYPE-USD trading pair, valued at $11.0805 million.