Data: In the past 24 hours, the total liquidation across the network reached 1.399 billion USD, mainly from long positions

In the past 24 hours, the total liquidation amount in the cryptocurrency market reached $1.399 billion, of which long positions accounted for $1.213 billion and short positions for $186 million.

The liquidation amount for Bitcoin reached $443 million, while Ethereum's liquidation was $330 million. A total of 347,405 people were liquidated in the past 24 hours, with the largest single liquidation occurring on the HTX BTC-USDT trading pair, valued at $47.8728 million.