In the past 24 hours, total liquidations across the network reached $1.105 billion, with long position liquidations accounting for approximately $891 million

Odaily Odaily reports that according to CoinGlass data, a total of 196,868 people were liquidated across the network in the last 24 hours, with the total liquidation amount reaching $1.105 billion. Among them, long position liquidations were $891 million, and short position liquidations were $215 million.

The largest single liquidation occurred on the HTX platform for the BTC-USDT trading pair, totaling $59.6723 million.