In the past 24 hours, $444 million in liquidations occurred across the entire network, with over 120,000 traders liquidated

According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $444 million in the past 24 hours, with long positions accounting for $368 million and short positions for $75.72 million.

A total of 126,743 traders were liquidated, with the largest single liquidation occurring on a certain exchange in the BTCUSDT pair, valued at $9.6953 million.