“Market Frenzy! $419 million liquidated within 24 hours, a fierce battle between longs and shorts!”

According to Coinglass data, the total liquidation amount across the network in the past 24 hours reached $419 million, with long positions liquidated at $109 million and short positions at a staggering $310 million! This data reveals the intense confrontation in the market amid the current volatile conditions.

Notably, 137,830 people were liquidated, with the largest single liquidation occurring in Binance's BTCUSDT trading pair, valued at up to $13.1005 million! **This scale of liquidation showcases the astonishing flow of funds behind the market volatility, and the fierce contest between bears and bulls continues.

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