Data: In the past 24 hours, the total liquidation across the network was 1.263 billion USD, with long positions liquidated at 978 million USD and short positions liquidated at 285 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $1.263 billion, with long positions liquidated at $978 million and short positions liquidated at $285 million. Among them, Bitcoin long positions were liquidated at $318 million, Bitcoin short positions at $125 million, Ethereum long positions at $279 million, and Ethereum short positions at $74.875 million.

In addition, in the last 24 hours, a total of 262,078 people were liquidated globally, with the largest single liquidation occurring on Bybit - BTCUSD worth $9.0298 million.