Data: In the past 24 hours, total liquidations across the network reached $70.17 million, with long positions accounting for $46.40 million and short positions for $23.78 million

According to ChainCatcher, citing data from Coinglass, the total liquidations across the network in the past 24 hours reached $70.1721 million, with long positions accounting for $46.3957 million and short positions for $23.7764 million. Among these, Bitcoin long positions saw $615,500 in liquidations, while Bitcoin short positions were liquidated for $1.9522 million. Ethereum long positions experienced $9.142 million in liquidations, and Ethereum short positions $4.114 million.

In addition, over the past 24 hours, a total of 52,739 traders were liquidated globally, with the largest single liquidation occurring on a certain exchange in the BTCUSDT pair, valued at $1.2457 million.