Data: In the past 24 hours, the entire network has liquidated 204 million USD, mainly from long positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $204 million, with long positions liquidated at $138 million and short positions liquidated at $66.3066 million.

The liquidation amount for BTC reached $61.4893 million, while ETH saw liquidations of $43.4155 million. In the past 24 hours, a total of 81,343 people were liquidated, with the largest single liquidation occurring on Binance's ETHUSDT trading pair, valued at $2.0416 million.