$417 Million in Liquidations Across the Market in the Past 12 Hours, Primarily Short Positions

According to Jinse Finance, data shows that in the past 12 hours, total liquidations across the network reached $417 million, with long positions accounting for $95.2511 million and short positions for $322 million, mainly driven by short liquidations. ETH liquidations amounted to $137 million, while BTC liquidations totaled $141 million.