Data: $1.378 billion in liquidations across the network in the past 24 hours, with $214 million in long positions and $1.164 billion in short positions liquidated

According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $1.378 billion in the past 24 hours, with $214 million in long positions and $1.164 billion in short positions liquidated. Among these, Bitcoin long positions saw $31.8782 million liquidated, while Bitcoin short positions accounted for $657 million. For Ethereum, $63.8634 million in long positions and $216 million in short positions were liquidated.

In addition, over the past 24 hours, a total of 289,202 traders worldwide were liquidated, with the largest single liquidation occurring on a certain exchange's BTCUSDT pair, valued at $88.5465 million.