Data: In the past 24 hours, the total liquidation across the network was 1.662 billion USD, with long positions liquidated at 1.419 billion USD and short positions liquidated at 244 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $1.662 billion, with long positions liquidated at $1.419 billion and short positions liquidated at $244 million. Among them, Bitcoin long positions were liquidated at $632 million, Bitcoin short positions at $118 million, Ethereum long positions at $329 million, and Ethereum short positions at $53.7959 million.

In addition, in the last 24 hours, a total of 277,816 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD worth $16.1984 million.