Data: $188 million in liquidations across the network in the past 24 hours, with $57.05 million in long positions and $131 million in short positions liquidated

According to ChainCatcher, citing data from Coinglass, the total liquidations across the network in the past 24 hours reached $188 million, with long positions accounting for $57.0539 million and short positions for $131 million. Specifically, Bitcoin long positions saw $1.449 million in liquidations, while Bitcoin short positions reached $30.1089 million. For Ethereum, long positions were liquidated for $13.8305 million, and short positions for $43.4275 million.

In addition, over the past 24 hours, a total of 81,775 traders were liquidated globally, with the largest single liquidation occurring on a certain exchange's BTCUSDT pair, valued at $2.6763 million.