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Data: Network-wide liquidations totaled $171 million over the past 24 hours, with long positions being the primary victims.
Mars Finance reports that, according to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $171 million, including $112 million in long positions and $59.85 million in short positions. The BTC liquidation amount was $53.88 million, and ETH liquidation was $40.03 million. A total of 82,511 people were liquidated, with the largest single liquidation occurring on Hyperliquid’s XYZ:SP500-USD trading pair, valued at $6.45 million.