Data: $126 million in liquidations across the network in the past 24 hours, with $48.19 million in long positions and $78.06 million in short positions liquidated

According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $126 million in the past 24 hours, with long positions accounting for $48.1863 million and short positions for $78.0552 million. Of this, Bitcoin long positions saw $8.6171 million in liquidations, while Bitcoin short positions reached $16.7888 million. Ethereum long positions were liquidated for $7.7695 million, and Ethereum short positions for $27.4476 million.

In addition, over the past 24 hours, a total of 64,132 traders were liquidated globally, with the largest single liquidation occurring on a certain exchange's BTCUSDT pair, valued at $1.946 million.