Data: In the past 24 hours, total liquidations across the network reached $306 million, with long positions accounting for $234 million and short positions for $72.74 million

According to ChainCatcher, citing data from Coinglass, liquidations across the entire network reached $306 million in the past 24 hours, with long positions accounting for $234 million and short positions for $72.7416 million. Among these, Bitcoin long positions saw $23.0372 million in liquidations, while Bitcoin short positions accounted for $5.5661 million. Ethereum long positions experienced $63.6003 million in liquidations, and Ethereum short positions totaled $26.3664 million.

In addition, over the past 24 hours, a total of 111,182 traders were liquidated globally, with the largest single liquidation occurring on a certain exchange's BTCUSDT pair, valued at $3.8632 million.