Data: $173 million in liquidations across the network in the past 24 hours, with $50.46 million in long positions and $122 million in short positions liquidated

According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $173 million in the past 24 hours, with long positions accounting for $50.46 million and short positions for $122 million. Specifically, Bitcoin long positions saw $7.82 million in liquidations, while Bitcoin short positions reached $21.89 million. For Ethereum, long positions were liquidated for $11.15 million, and short positions for $45.55 million.

In addition, over the past 24 hours, a total of 73,691 traders were liquidated globally, with the largest single liquidation occurring on a certain exchange's BTCUSDT pair, valued at $1.3982 million.