Data: $170 million in liquidations across the network in the past 24 hours, with $104 million in long positions and $66.198 million in short positions liquidated

According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $170 million in the past 24 hours, with long positions accounting for $104 million and short positions for $66.198 million. Of this, Bitcoin long positions saw $12.8991 million in liquidations, while Bitcoin short positions were liquidated for $18.581 million. Ethereum long positions were liquidated for $26.1515 million, and Ethereum short positions for $18.1656 million.

In addition, over the past 24 hours, a total of 78,629 traders were liquidated globally, with the largest single liquidation occurring on a certain exchange's BTCUSDT pair, valued at $2.2325 million.