Liquidations exceeded $335 million in the past 12 hours, with $300 million of long positions liquidated

According to CoinDesk index data, BTC fell by 5% in the past 24 hours, with a trading price of $41,300, before rebounding to $42,000. ETH reached a low of $2,170 before rebounding to $2,239. Solana fell to $66 at one point before rebounding to $70. Coinglass data shows that over the past 12 hours, the liquidation amount exceeded $335 million, with $300 million of long positions being liquidated. Over $89 million worth of BTC positions were liquidated, and $74 million worth of ETH was liquidated.