Data: $178 million in liquidations across the network in the past 24 hours, with $53.9581 million in long positions and $124 million in short positions liquidated

According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $178 million in the past 24 hours, with long positions accounting for $53.9581 million and short positions for $124 million. Among these, Bitcoin long positions saw $4.0669 million in liquidations, while Bitcoin short positions reached $34.056 million. Ethereum long positions were liquidated for $7.2166 million, and Ethereum short positions for $22.0413 million.

In addition, over the past 24 hours, a total of 86,077 traders were liquidated globally, with the largest single liquidation occurring on a certain exchange's BTCUSDT pair, valued at $1.4934 million.