In the past 24 hours, a total of $393 million in positions were liquidated across the entire network, mainly long positions.

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According to TechFlow TechFlow, on February 11, data from Coinglass showed that the total liquidation amount in the cryptocurrency market reached $393 million in the past 24 hours, of which $286 million were long positions and $107 million were short positions.

BTC liquidations totaled $158 million, and ETH liquidations totaled $126 million. A total of 123,597 people were liquidated in the past 24 hours, with the largest single liquidation occurring on Bitget's ETH-USDT_UMCBL trading pair, worth $8.2089 million.

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