In the past 24 hours, the entire network has liquidated $192 million, both long and short positions have exploded

According to TechFlow, on October 11, according to Coinglass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached 192 million US dollars, of which long orders were liquidated for 108 million US dollars and short orders were liquidated for 83.4487 million US dollars. The liquidation amount of BTC was 73.5964 million US dollars, and the liquidation amount of ETH was 37.1638 million US dollars. A total of 52,379 people were liquidated, and the largest single liquidation occurred in Binance's BTC-USDT trading pair, worth 10.5084 million US dollars.