Data: In the past 24 hours, the entire network has liquidated $175 million, mainly from short positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market reached $175 million, with long liquidations amounting to $85.7056 million and short liquidations amounting to $89.2781 million. Among them, the liquidation amount for BTC was $41.4059 million (long $20.1099 million, short $21.296 million), ETH liquidations totaled $24.755 million (long $11.8037 million, short $12.9513 million), and SOL liquidations were $5.1137 million (long $1.4122 million, short $3.7015 million). A total of 74,372 people were liquidated, with the largest single liquidation occurring on Binance's ETHUSDT trading pair, valued at $30.345 million.