Data: In the past 24 hours, the total liquidation across the network was 1.717 billion USD, with long positions liquidated at 1.411 billion USD and short positions liquidated at 305 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $1.717 billion, with long positions liquidated at $1.411 billion and short positions liquidated at $305 million. Among them, Bitcoin long positions were liquidated at $626 million, Bitcoin short positions at $169 million, Ethereum long positions at $313 million, and Ethereum short positions at $67.282 million.

In addition, in the last 24 hours, a total of 285,997 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD worth $16.1984 million.