Data: In the past 24 hours, the entire network has liquidated 378 million USD, mainly long positions

According to CoinGlass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $378 million, of which long positions accounted for $239 million and short positions accounted for $139 million.

The liquidation amount for BTC reached $150 million, and for ETH, it was $124 million. In the past 24 hours, a total of 92,269 people were liquidated, with the largest single liquidation occurring on the BTC-USD trading pair on Bybit, valued at $9.8018 million.