Data: In the past 24 hours, the total liquidation across the network reached 688 million USD, with long positions liquidated at 360 million USD and short positions liquidated at 327 million USD

According to Coinglass data, in the past 24 hours, the total liquidation across the network was $688 million, with long positions liquidated at $360 million and short positions liquidated at $327 million. Among them, Bitcoin long positions were liquidated at $162 million, Bitcoin short positions at $71.7327 million, Ethereum long positions at $74.6805 million, and Ethereum short positions at $94.0392 million.

In addition, in the last 24 hours, a total of 240,011 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - ETH-USD worth $14.3532 million.