Data: $672 million in liquidations across the network in the past 24 hours, with $537 million in long positions and $135 million in short positions liquidated

According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $672 million in the past 24 hours, with long positions accounting for $537 million and short positions for $135 million. Of this, Bitcoin long liquidations totaled $194 million, while Bitcoin short liquidations amounted to $44.65 million. Ethereum long liquidations reached $167 million, and Ethereum short liquidations were $46.29 million.