Data: In the past 24 hours, the entire network has liquidated $229 million, mainly short positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $229 million, with long positions liquidated at $86.6657 million and short positions liquidated at $142 million.

The liquidation amount for BTC reached $64.4103 million, and for ETH, it was $33.2034 million. In the past 24 hours, a total of 153,407 people were liquidated, with the largest single liquidation occurring on Aster's BTCUSDT trading pair, valued at $12.4072 million.