Past 24 hours, the entire network exploded with $191 million in liquidations, with the majority being long positions. The total cryptocurrency market capitalization has fallen below $2.5 trillion.

According to CoinGecko data, the total cryptocurrency market capitalization has fallen back to $2.48 trillion, with a 24-hour decline of 1%. Additionally, BTC's market dominance is 52.5%, while ETH's is 15.9%. Furthermore, according to Coinglass data, the past 24 hours have seen $191 million in liquidations across the network, with $137 million in long liquidations and $54.77 million in short liquidations.

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