Data: In the past 24 hours, total liquidations across the network reached $643 million, with long positions liquidated for $530 million and short positions for $113 million.

According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $643 million in the past 24 hours, with long positions liquidated for $530 million and short positions for $113 million. Among them, bitcoin long positions were liquidated for $150 million, and bitcoin short positions for $36.945 million; ethereum long positions were liquidated for $126 million, and ethereum short positions for $30.2414 million.

In addition, over the past 24 hours, a total of 162,856 people worldwide were liquidated, with the largest single liquidation occurring on Hyperliquid - POPCAT-USD, valued at $21.2922 million.