Data: In the past 24 hours, the entire network has liquidated $248 million, mainly short orders

According to ChainCatcher, Coinglass data shows that over the past 24 hours, the cryptocurrency market has seen liquidations totaling $248 million, with long positions liquidated at $56.95 million and short positions liquidated at $191 million.

BTC total liquidations amounted to $65.598 million, while ETH total liquidations were $47.1205 million.