The cryptocurrency market saw $1.464 billion in liquidations across the entire network in the past 24 hours, with long positions accounting for $1.341 billion

According to data from CoinGlass, the total liquidation amount across the entire network in the past 24 hours reached $1.464 billion. Among these, long position liquidations amounted to $1.341 billion, while short position liquidations were $123 million. A total of 202,756 traders were liquidated. In the most recent hour, liquidations were $34.2209 million; over the past 4 hours, they were $63.1179 million; and over the past 12 hours, liquidations reached $225 billion. The largest single liquidation occurred on the BTC-USDT trading pair on HTX, valued at $80.5799 million.