Data: $1 Billion in Liquidations Across the Network in the Past 24 Hours, with $752 Million in Longs and $248 Million in Shorts Liquidated

According to ChainCatcher, citing data from Coinglass, the total liquidations across the network in the past 24 hours reached $1 billion, with long positions accounting for $752 million and short positions for $248 million. Among these, Bitcoin long positions saw $146 million in liquidations, while Bitcoin short positions accounted for $67.75 million. Ethereum long positions experienced $226 million in liquidations, and Ethereum short positions $96.71 million.

In addition, over the past 24 hours, a total of 210,931 traders were liquidated globally, with the largest single liquidation occurring on a certain exchange's BTCUSDT pair, valued at $6.2469 million.