Data: In the past 24 hours, total liquidations across the network reached $417 millions, mainly affecting short positions.

According to ChainCatcher, in the past 24 hours, the total liquidation amount in the cryptocurrency market reached 417 million US dollars, with long positions liquidated for 119 million US dollars and short positions liquidated for 299 million US dollars.

A total of 123,505 people were liquidated globally, with the largest single liquidation occurring on a certain exchange in the BTC-USDT pair, valued at 23.9894 million US dollars.