Data: In the past 24 hours, the entire network has liquidated 826 million USD, mainly from short positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $826 million, with long positions liquidated at $166 million and short positions liquidated at $661 million.

The liquidation amount for BTC reached $375 million, and for ETH, it was $184 million. In the past 24 hours, a total of 194,273 people were liquidated, with the largest single liquidation occurring on the BTC-USD trading pair on Hyperliquid, valued at $15.7517 million.