Data: In the past 24 hours, the entire network has liquidated $656 million, mainly short orders

According to ChainCatcher, based on Coinglass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $656 million, with long positions liquidated at $87.131 million and short positions liquidated at $569 million.

Over the past 24 hours, a total of 172,959 people were liquidated globally, with the largest single liquidation occurring on Binance's ETH/USDT, valued at $4.3287 million.