In the past 24 hours, a total of $397 million in positions were liquidated across the entire network, mainly short positions.

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According to TechFlow TechFlow, on March 5th, data from CoinGlass showed that the total liquidation amount in the cryptocurrency market reached $397 million in the past 24 hours, of which $152 million was long positions and $245 million was short positions.

BTC liquidations totaled $158 million, and ETH liquidations totaled $122 million. A total of 104,461 people were liquidated in the past 24 hours, with the largest single liquidation occurring on the Hyperliquid BTC-USD trading pair, valued at $12.623 million.

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