In the past 24 hours, $189 million worth of positions were liquidated across the entire network, mainly long positions.

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According to TechFlow TechFlow, on December 24, data from Coinglass showed that the total liquidation amount in the cryptocurrency market reached $189 million in the past 24 hours, of which $120 million was long positions and $68.6991 million was short positions.

BTC liquidations totaled $57.8808 million ($35.1334 million in long positions and $22.7474 million in short positions), while ETH liquidations totaled $50.1555 million ($37.8302 million in long positions and $12.3253 million in short positions). A total of 91,239 people were liquidated in the past 24 hours, with the largest single liquidation occurring on the Hyperliquid BTC-USD trading pair, valued at $7.92 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.

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