Data: In the past 24 hours, the entire network has liquidated 275 million dollars, mainly long positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $275 million, of which long positions accounted for $195 million and short positions accounted for $79.82 million.

The liquidation amount for BTC reached $89.11 million (long positions $61.93 million, short positions $27.17 million), while ETH saw liquidations of $89.59 million (long positions $65.34 million, short positions $24.24 million). A total of 102,817 people were liquidated in the past 24 hours, with the largest single liquidation occurring on the Binance ETHUSDT trading pair, valued at $2.9405 million.