Data: $176 million in liquidations across the network in the past 24 hours, with $137 million in long positions and $38.57 million in short positions liquidated

According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $176 million in the past 24 hours, with long positions accounting for $137 million and short positions for $38.57 million. Of this, Bitcoin long liquidations totaled $36.57 million, while Bitcoin short liquidations were $4.57 million. Ethereum long liquidations amounted to $29.46 million, and Ethereum short liquidations were $6.15 million.

In addition, over the past 24 hours, a total of 80,114 traders were liquidated globally, with the largest single liquidation occurring on a certain exchange’s BTCUSDT pair, valued at $2.72 million.