Data: In the past 24 hours, total liquidations across the network reached $425 million, with long positions liquidated for $346 million and short positions for $79.39 million.

According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $425 million in the past 24 hours, with long positions accounting for $346 million and short positions for $79.3869 million. Among them, bitcoin long positions were liquidated for $131 million, bitcoin short positions for $21.1852 million, ethereum long positions for $82.1418 million, and ethereum short positions for $22.5299 million.

In addition, over the past 24 hours, a total of 126,763 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD, valued at $8.5037 million.