Data: In the past 24 hours, the total liquidations across the network reached $377 million, with long positions accounting for $308 million and short positions for $68.76 million.

According to ChainCatcher, citing data from Coinglass, a total of $377 million was liquidated across the entire network in the past 24 hours, with long positions accounting for $308 million and short positions for $68.76 million. Of this, Bitcoin long positions saw liquidations of $95.27 million, and Bitcoin short positions $14.12 million. Ethereum long positions were liquidated for $84.31 million, while Ethereum short positions saw $11.18 million in liquidations.

In addition, over the past 24 hours, a total of 120,771 people globally were liquidated, with the largest single liquidation occurring on a certain exchange in the ETHUSDT pair, valued at $11.75 million.