In the past 24 hours, the blockchain market has witnessed an intense battle between bulls and bears! According to Coinglass data, the total liquidation amount across the network reached 597 million USD, with long position liquidations amounting to 383 million USD and short position liquidations at 214 million USD. Specifically, Bitcoin (BTC) saw liquidations of 72.91 million USD, Ethereum (ETH) experienced 59.64 million USD, while Ripple (XRP) reached as high as 85.69 million USD. This data reveals the extreme volatility of the market, and investors need to closely monitor on-chain data changes to better manage market risks.