Data: In the past 24 hours, the total liquidation across the network reached 383 million USD, mainly from short positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $383 million, of which long positions accounted for $127 million and short positions accounted for $256 million.

The liquidation amount for Bitcoin reached $194 million, while Ethereum saw liquidations of $98.5092 million. In the past 24 hours, a total of 87,431 people were liquidated, with the largest single liquidation occurring on the Hyperliquid BTC-USD trading pair, valued at $13.3346 million.