Data: In the past 24 hours, the total liquidation across the network was 705 million USD, with long positions liquidated at 619 million USD and short positions liquidated at 85.5085 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $705 million, with long liquidations amounting to $619 million and short liquidations amounting to $85.5085 million. Among them, Bitcoin long liquidations were $169 million, Bitcoin short liquidations were $24.036 million, Ethereum long liquidations were $248 million, and Ethereum short liquidations were $21.2384 million.

In addition, in the last 24 hours, a total of 115,440 people were liquidated globally, with the largest single liquidation occurring on Bitget - ETHUSDT_UMCBL worth $28.4931 million.