Data: $224 million in liquidations across the network in the past 24 hours, with $50.55 million in long positions and $173 million in short positions liquidated

According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $224 million in the past 24 hours, with long positions liquidated for $50.5484 million and short positions for $173 million. Among these, Bitcoin long positions saw $3.5162 million in liquidations, while Bitcoin short positions accounted for $14.052 million. Ethereum long positions were liquidated for $12.4881 million, and Ethereum short positions for $86.6089 million.

In addition, over the past 24 hours, a total of 80,164 traders were liquidated globally, with the largest single liquidation occurring on a certain exchange's BTCUSDT pair, valued at $5.0606 million.