Over the past 12 hours, total liquidations across the network approached nearly 300 million USD, with BTC alone accounting for 185 million USD in liquidations.

According to Coinglass data, total liquidations across the network over the past 12 hours reached 297 million USD, with long position liquidations at 245 million USD and short position liquidations at 51.5653 million USD.

Among these, BTC alone saw 185 million USD in liquidations over the past 12 hours, while ETH liquidations were only 28.74 million USD.