Data: In the past 24 hours, total liquidations across the network reached $383 million, mainly from short positions.

ChainCatcher News, according to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $383 million, with long positions liquidated for $127 million and short positions for $256 million.

Bitcoin liquidations amounted to $194 million, while Ethereum liquidations reached $98.5092 million. In the past 24 hours, a total of 87,431 traders were liquidated, with the largest single liquidation occurring on Hyperliquid's BTC-USD trading pair, valued at $13.3346 million.