In the past 24 hours, total liquidations across the network reached $1.351 billion, with long positions accounting for $1.132 billion, or 83.8%

Odaily reports: According to CoinGlass data, the total liquidation amount across the network over the past 24 hours reached $1.351 billion, with a total of 167,583 people liquidated. Among them, long position liquidations amounted to $1.132 billion, while short position liquidations totaled $219 million. The largest single liquidation occurred on the Hyperliquid platform in the BTC-USD trading pair, valued at approximately $20.1535 million.