Data: In the past 24 hours, the total liquidation across the network reached 674 million USD, with long positions liquidated at 505 million USD and short positions liquidated at 169 million USD

according to Coinglass data, the total liquidation across the network in the past 24 hours was $674 million, with long liquidations amounting to $505 million and short liquidations totaling $169 million. Among them, Bitcoin long liquidations reached $116 million, Bitcoin short liquidations were $68.22 million, Ethereum long liquidations were $146 million, and Ethereum short liquidations were $34.54 million.

In addition, in the last 24 hours, a total of 180,625 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD worth $11.6058 million.