Data: In the past 24 hours, the total liquidation across the network reached 296 million USD, primarily from long positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $296 million, of which long liquidations amounted to $223 million and short liquidations amounted to $72.5974 million.

The liquidation amount for BTC reached $105 million (longs $82.1093 million, shorts $23.1227 million), while ETH liquidations totaled $90.6715 million (longs $70.0195 million, shorts $20.652 million). In the past 24 hours, a total of 103,009 people were liquidated, with the largest single liquidation occurring on the Hyperliquid BTC-USD trading pair, valued at $11.2158 million.