Over the past 24 hours, $1.238 billion was liquidated across the entire network, with over 230,000 people liquidated

Odaily reports that according to CoinGlass data, the total liquidation amount across the entire network over the past 24 hours reached $1.238 billion, with a total of 235,344 people liquidated. Among them, long positions accounted for $1.099 billion in liquidations, while short positions accounted for $139 million, with longs making up approximately 88.8%.

By asset, BTC liquidations totaled approximately $327 million, and ETH liquidations totaled approximately $209 million. The largest single liquidation occurred on Binance's ETHUSDT trading pair, valued at $10.9364 million.