Data: In the past 24 hours, the entire network has liquidated 495 million USD, primarily from short positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached 495 million USD, with long liquidations amounting to 54.9397 million USD and short liquidations amounting to 440 million USD, affecting a total of 102,048 people.

Among them, the liquidation amount for BTC was approximately 228 million USD (longs 5.5453 million USD, shorts 223 million USD), ETH liquidations were about 81.8294 million USD (longs 10.2358 million USD, shorts 71.5936 million USD), SOL liquidations were approximately 32.3289 million USD (longs 1.4024 million USD, shorts 30.9265 million USD), XRP liquidations were about 8.5588 million USD (longs 1.7383 million USD, shorts 6.8205 million USD), ZEC liquidations were approximately 27.8233 million USD (longs 7.3101 million USD, shorts 20.5132 million USD), NEAR liquidations were about 15.5351 million USD (longs 2.0311 million USD, shorts 13.504 million USD), and other assets had a total liquidation amount of approximately 32.4444 million USD.

The largest single liquidation in the past 24 hours occurred on the BTC-USD trading pair on Hyperliquid, valued at 85.331 million USD.