According to TechFlow TechFlow, on December 11th, data from Coinglass showed that the total liquidation amount in the cryptocurrency market reached $530 million in the past 24 hours, of which $397 million were long positions and $133 million were short positions. A total of 155,071 people worldwide were liquidated, with the largest single liquidation occurring in Hyperliquid - BTC-USD worth $23.185 million.
In the past 24 hours, $530 million worth of positions were liquidated across the entire network, mainly long positions.
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