Data: In the past 24 hours, the total liquidation across the network was 1.605 billion USD, with long positions liquidated at 1.198 billion USD and short positions liquidated at 406 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network reached $1.605 billion, with long positions liquidated at $1.198 billion and short positions liquidated at $406 million. Among them, Bitcoin long positions were liquidated at $361 million, Bitcoin short positions at $61.1607 million, Ethereum long positions at $467 million, and Ethereum short positions at $96.9577 million.

In addition, in the last 24 hours, a total of 410,387 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - ETH-USD worth $26.0635 million.