Data: In the past 24 hours, the total liquidation across the network reached 123 million USD, with both long and short positions being liquidated

According to Coinglass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $123 million, of which long positions accounted for $68.26 million and short positions accounted for $54.25 million.

The liquidation amount for ETH reached $33.36 million, while BTC saw a liquidation of $22.47 million. A total of 76,616 people were liquidated in the past 24 hours, with the largest single liquidation occurring on the Binance ETH-USDT trading pair, valued at $9.01 million.