Data: In the past 24 hours, the entire network has liquidated 274 million USD, mainly short positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $274 million, with long positions liquidated at $62.0613 million and short positions liquidated at $212 million.

The liquidation amount for BTC reached $130 million, while ETH saw liquidations of $46.6651 million. In the past 24 hours, a total of 76,756 people were liquidated, with the largest single liquidation occurring on the BTCUSDT trading pair on Binance, valued at $10.5741 million.