Data: In the past 24 hours, the entire network has liquidated 836 million USD, mainly long positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached 836 million USD, with long positions liquidating 438 million USD and short positions liquidating 398 million USD.

The liquidation amount for BTC reached 261 million USD, and for ETH, it was 209 million USD. In the past 24 hours, a total of 202,130 people were liquidated, with the largest single liquidation occurring on Bitget's ETHUSDT_UMCBL trading pair, valued at 16.275 million USD.