Data: Over 421 million USD liquidated in 24 hours, with Bybit BTCUSD having the largest single liquidation of 13 million USD

According to Coinglass monitoring, in the last 24 hours, a total of 124,896 people were liquidated in the global cryptocurrency market, with a total liquidation amount of 421 million USD. Among them, the liquidation amount for short positions was 225 million USD, while the liquidation amount for long positions was 196 million USD. The largest single liquidation occurred in the Bybit - BTCUSD trading pair, valued at 13 million USD.