Data: In the past 24 hours, the entire network has liquidated 494 million USD, mainly long positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $494 million, with long liquidations amounting to $388 million and short liquidations amounting to $106 million. The liquidation amount for BTC was $131 million (longs $87.88 million, shorts $43.02 million), for ETH it was $116 million (longs $98.70 million, shorts $16.83 million), and for SOL it was $25.42 million (longs $21.57 million, shorts $3.85 million).

In the past 24 hours, a total of 135,249 people were liquidated, with the largest single liquidation occurring on the ETHUSDT trading pair on Binance, valued at $5.7259 million.