Over the past 24 hours, $581 million was liquidated across the network, with $328 million in long positions liquidated

Odaily reports, according to CoinGlass data, in the past 24 hours, a total of 110,749 people were liquidated across the network, with total liquidations reaching $581 million, of which $328 million were long positions and $253 million were short positions.

Among them, BTC liquidations totaled approximately $206 million, and ETH liquidations totaled approximately $129 million. The largest single liquidation occurred on Binance's BTCUSDT trading pair, valued at approximately $11.7274 million.