In the past 24 hours, the total liquidation amount across all platforms reached $439 million, mainly due to short positions being liquidated.

According to Coinglass data, as reported by Odaily Planet Daily, 126,077 people worldwide were liquidated in the past 24 hours, with a total liquidation amount of $439 million. Of this, $124 million was liquidated from long positions and $315 million from short positions. The largest single liquidation occurred on the HTX platform's BTC-USDT trading pair, worth $23.9894 million.