In the past 24 hours, the entire network experienced liquidations totaling 396 million USD, primarily from long positions

According to CoinGlass data, in the past 24 hours, a total of 96,160 people were liquidated across the network, with a total liquidation amount reaching 396 million USD. Among them, long positions accounted for 322 million USD, or 81.3%; short positions accounted for 73.9155 million USD, or 18.7%.

By cryptocurrency statistics, the liquidation amount for Bitcoin was approximately 107 million USD, with long positions accounting for 82.4%; the liquidation amount for Ethereum was approximately 59.9064 million USD, with long positions accounting for 66.0%; the liquidation amount for other cryptocurrencies was approximately 52.3833 million USD, with long positions accounting for 81.8%.

The largest single liquidation in the past 24 hours occurred in the BTCUSDT trading pair on Binance, valued at approximately 8.7809 million USD. Binance accounted for 48.6% of the total liquidation amount across the network.