Past 24 hours, the entire network exploded with $191 million in liquidations, with the majority being long positions. The total cryptocurrency market capitalization has fallen below $2.5 trillion.

Odaily Odaily News Coingecko data shows that the total market value of cryptocurrencies has fallen back to 2.48 trillion US dollars, a 24-hour drop of 1%. In addition, BTC has a market share of 52.5% and ETH has a market share of 15.9%. According to Coinglass data, the entire network has a liquidation of 191 million US dollars in the past 24 hours, of which long orders have a liquidation of 137 million US dollars and short orders have a liquidation of 54.7687 million US dollars.