In the past 24 hours, total liquidations across the network reached $580 million, with long positions accounting for over 95% of the total.

Odaily Planet Daily reports that according to CoinGlass data, a total of 139,135 individuals were liquidated globally in the past 24 hours, with total liquidations amounting to $580 million.

Of this, long position liquidations totaled approximately $552 million, while short position liquidations were around $27.3585 million. The largest single liquidation occurred on the BTCUSDT trading pair on the Bitget platform, valued at approximately $21.5908 million.