Data: In the past 24 hours, the total liquidation across the network reached $596 million, with long positions liquidated for $397 million and short positions for $200 million.

ChainCatcher News, according to Coinglass data, in the past 24 hours, the total liquidation amount across the network reached $596 million, with long positions liquidated for $397 million and short positions for $200 million. Among them, bitcoin long positions were liquidated for $94.0435 million, and bitcoin short positions for $49.6942 million; ethereum long positions were liquidated for $101 million, and ethereum short positions for $48.4029 million.

In addition, in the past 24 hours, a total of 174,549 people worldwide were liquidated, with the largest single liquidation occurring on a certain exchange - BTC-USDT-SWAP, valued at $8.7426 million.