In the past 24 hours, the total liquidation across the entire network reached $253 million, with over 80% of the liquidations involving long positions.

BTC-3,52%
ETH-5,55%

Gate News reports that in the past 24 hours, the total liquidation amount in the cryptocurrency market reached $253 million, with long positions liquidated at $205 million and short positions at $47.7 million. Long liquidations accounted for over 80%. Among the main cryptocurrencies, Bitcoin (BTC) saw $68.88 million liquidated, and Ethereum (ETH) saw $87.89 million. During this period, 90,432 traders were liquidated, with the largest single liquidation occurring on Hyperliquid’s XYZ:SP500-USD trading pair, valued at $9.32 million.

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