Data: In the past 24 hours, the entire network has liquidated 789 million USD, mainly from long positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $789 million, with long positions liquidated at $700 million and short positions liquidated at $89.7205 million. The liquidation amount for BTC was $238 million (long positions $212 million, short positions $25.7657 million), for ETH it was $297 million (long positions $273 million, short positions $24.1001 million), and for SOL it was $30.5554 million (long positions $29.5265 million, short positions $1.0289 million). A total of 122,065 people were liquidated in the past 24 hours, with the largest single liquidation occurring on Bitget's ETHUSDT_UMCBL trading pair, valued at $28.4931 million.