Data: $240 million liquidated across the entire network in the past 24 hours, mainly short positions

According to ChainCatcher, citing data from Coinglass, the total amount of liquidations in the cryptocurrency market over the past 24 hours reached $240 million, with long positions liquidated for $84.1521 million and short positions for $155 million.

ETH liquidations amounted to $42.6013 million, BTC liquidations were $42.3391 million, and SOL liquidations reached $22.9081 million. In the past 24 hours, a total of 128,976 traders were liquidated, with the largest single liquidation occurring on a BTC-USDT trading pair at a certain exchange, valued at $2.8422 million.