In the past 12 hours, total liquidations across the network reached $585 million, with BTC liquidations amounting to $206 million

Odaily News: According to CoinGlass data, total liquidations across the network reached $585 million over the past 12 hours, of which long positions accounted for $498 million and short positions accounted for $86.4012 million.

In addition, BTC liquidations totaled $206 million and ETH liquidations totaled $202 million, together accounting for approximately 69.7% of total network liquidations over the past 12 hours.