In the past 24 hours, total liquidations across the network reached $580 million, with long positions accounting for over 95% of the liquidated amount

Odaily reports that CoinGlass data shows over the past 24 hours, a total of 139,135 individuals were liquidated globally, with the total liquidation amount reaching $580 million.

Among them, the liquidation amount for long positions was approximately $552 million, while short position liquidations totaled about $27.3585 million. The largest single liquidation occurred on the Bitget platform's BTCUSDT trading pair, valued at roughly $21.5908 million.