Data: In the past 24 hours, the entire network has liquidated 388 million dollars, mainly short positions

According to Coinglass data, in the past 24 hours, the total liquidation across the network was 388 million USD, with long positions liquidated at 142 million USD and short positions liquidated at 246 million USD. In the past 24 hours, a total of 114,614 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD worth 8.6162 million USD.