$445 Million in Liquidations Across the Network in the Past 12 Hours, Mainly Short Positions

According to Jinse Finance, data shows that in the past 12 hours, total liquidations across the network reached $445 million, with long positions accounting for $44.0563 million and short positions for $401 million, mainly driven by short liquidations. Of this, ETH liquidations amounted to $129 million and BTC liquidations to $223 million.