Data: In the past 24 hours, $175 million in positions were liquidated across the entire network, mainly short positions.

According to CoinGlass data, the total liquidation amount in the cryptocurrency market reached $175 million, including $85.7056 million in long positions and $89.2781 million in short positions. Specifically, BTC liquidations amounted to $41.4059 million ($20.1099 million in long positions and $21.296 million in short positions), ETH liquidations amounted to $24.755 million ($11.8037 million in long positions and $12.9513 million in short positions), and SOL liquidations amounted to $5.1137 million ($1.4122 million in long positions and $3.7015 million in short positions). A total of 74,372 people were liquidated, with the largest single liquidation occurring on the Binance ETHUSDT trading pair, valued at $30.345 million.