In the past 24 hours, $404 million worth of positions were liquidated across the entire network, with both long and short positions being liquidated.

According to TechFlow TechFlow, on March 2, data from CoinGlass showed that the total liquidation amount in the cryptocurrency market reached $404 million in the past 24 hours, of which $220 million was long positions and $184 million was short positions.

BTC liquidations totaled $181 million, and ETH liquidations totaled $95.3753 million. A total of 101,201 people were liquidated in the past 24 hours, with the largest single liquidation occurring on the Hyperliquid BTC-USD trading pair, valued at $6.6294 million.