Data: In the past 24 hours, the total liquidation across the network reached 696 million USD, with long positions liquidated at 569 million USD and short positions liquidated at 127 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $696 million, with long positions liquidated at $569 million and short positions liquidated at $127 million. Among them, Bitcoin long positions were liquidated at $190 million, Bitcoin short positions at $44.2555 million, Ethereum long positions at $128 million, and Ethereum short positions at $28.3743 million.

In addition, in the last 24 hours, a total of 194,912 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD worth $10.8219 million.