Data: In the past 24 hours, the total liquidation across the network reached 701 million USD, with long positions liquidated at 528 million USD and short positions liquidated at 173 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $701 million, with long positions liquidated at $528 million and short positions liquidated at $173 million. Among them, Bitcoin long positions were liquidated at $216 million, Bitcoin short positions at $45.7897 million, Ethereum long positions at $198 million, and Ethereum short positions at $87.3958 million.

In addition, in the last 24 hours, a total of 156,436 people were liquidated globally, with the largest single liquidation occurring on HTX - ETH-USDT worth $8.4038 million.