Data: $259 million in liquidations across the network in the past 24 hours, with $107 million in long positions and $152 million in short positions liquidated

According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $259 million in the past 24 hours, with $107 million in long positions and $152 million in short positions. Specifically, Bitcoin long liquidations amounted to $16.92 million, while Bitcoin short liquidations totaled $43.39 million. For Ethereum, long liquidations reached $47.42 million, and short liquidations stood at $56.95 million.