Over the past 12 hours, $298 million was liquidated across the network, with $271 million in long positions liquidated

According to Coinglass data, over the past 12 hours, $298 million was liquidated across the network, including $271 million in long positions and $27.0432 million in short positions. In addition, over the past 12 hours, Bitcoin liquidations totaled $67.8005 million, and Ethereum liquidations totaled $40.3476 million.