Data: In the past 24 hours, the total liquidation across the network has exceeded 3 billion USD, with over 170,000 people liquidated globally

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $3.024 billion, with long liquidations amounting to $252 million and short liquidations totaling $2.77 billion, surpassing the $1.011 billion short liquidation on 24.666 billion, making it the largest liquidation day in the crypto market in nearly two years.

In the last 24 hours, a total of 171,045 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD worth $48.8049 million.