In the past 24 hours, $175 million worth of positions were liquidated across the entire network, mainly short positions.

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According to TechFlow TechFlow, on May 22, data from CoinGlass showed that the total liquidation amount in the cryptocurrency market reached $175 million in the past 24 hours, including $85.7056 million in long positions and $89.2781 million in short positions.

Of these, BTC liquidations amounted to $41.4059 million (long positions $20.1099 million and short positions $21.296 million), ETH liquidations amounted to $24.755 million (long positions $11.8037 million and short positions $12.9513 million), and SOL liquidations amounted to $5.1137 million (long positions $1.4122 million and short positions $3.7015 million).

In the past 24 hours, a total of 74,372 people have been liquidated, with the largest single liquidation occurring on the Binance ETHUSDT trading pair, worth $3.0345 million.

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