Data: In the past 24 hours, total liquidations across the network reached $275 million, mainly long positions.

ChainCatcher reported, according to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached 275 million US dollars, of which long positions accounted for 195 million US dollars and short positions accounted for 79.82 million US dollars.

The liquidation amount for BTC reached 89.11 million US dollars (long positions 61.93 million US dollars, short positions 27.17 million US dollars), and ETH liquidations totaled 89.58 million US dollars (long positions 65.34 million US dollars, short positions 24.24 million US dollars). In the past 24 hours, a total of 102,817 people were liquidated, with the largest single liquidation occurring on the ETHUSDT trading pair at a certain exchange, valued at 2.94 million US dollars.