According to TechFlow TechFlow, on May 6th, CoinGlass data shows that the total liquidation amount in the cryptocurrency market reached $584 million in the past 24 hours, including $181 million in long positions and $404 million in short positions. BTC liquidations amounted to $190 million, and ETH liquidations amounted to $99.9392 million. A total of 137,592 people were liquidated in the past 24 hours, with the largest single liquidation occurring on the Binance BTCUSDC trading pair, worth $6.1364 million.
In the past 24 hours, $584 million in positions were liquidated across the entire network, mainly short positions.
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