In the past 12 hours, the entire network experienced liquidations of approximately $583 million, with the largest single liquidation valued at around $15 million.

Odaily News According to Coinglass data, the total amount of crypto market contract liquidations across the entire network in the past 12 hours is approximately $583 million. Among these, long position liquidations amount to about $553 million, accounting for a significant proportion; short position liquidations are around $30.12 million. Overall, this round of liquidations was primarily concentrated in long positions. The largest single liquidation order occurred on Binance - ETHUSDT, valued at $15.2275 million.