In the past 24 hours, the total liquidation across the entire network reached $124 million, with statistics on the liquidation amounts and number of users for both long and short positions.

According to ChainCatcher, citing Coinglass data, the total liquidations across the entire network in the past 24 hours amounted to 124 million USD, with long position liquidations at 72.16 million USD and short position liquidations at 52.08 million USD. Among these, Bitcoin long position liquidations were 7.53 million USD, Bitcoin short position liquidations were 13.41 million USD, Ethereum long position liquidations were 26.88 million USD, and Ethereum short position liquidations were 9.21 million USD. Additionally, in the last 24 hours, a total of 55,597 individuals were liquidated globally. The largest single liquidation occurred on Binance - BTCUSDT, valued at 1.42 million USD.