Data: In the past 24 hours, the total liquidation across the network reached 1.697 billion USD, with long positions liquidated at 1.294 billion USD and short positions liquidated at 403 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network reached $1.697 billion, with long positions liquidated at $1.294 billion and short positions liquidated at $403 million. Among them, Bitcoin long positions were liquidated at $427 million, Bitcoin short positions at $58.6681 million, Ethereum long positions at $484 million, and Ethereum short positions at $91.4399 million.

In addition, in the last 24 hours, a total of 428,169 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - ETH-USD worth $26.0635 million.