Data: In the past 24 hours, the total liquidation across the network reached 399 million USD, mainly from long positions

According to Coinglass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $399 million, of which long positions accounted for $258 million and short positions accounted for $141 million.

The liquidation amount for BTC reached $155 million, while ETH saw liquidations of $90.76 million. In the past 24 hours, a total of 116,342 people were liquidated, with the largest single liquidation occurring on the BTC-USD trading pair on Hyperliquid, valued at $4.4573 million.