ChainCatcher Message, the blockchain market has experienced significant fluctuations in the past 24 hours. According to coinglass data, the total liquidation amount across the network reached 352 million USD, of which the liquidation amount for long positions was 200 million USD, and for short positions, it was 151 million USD, indicating intense confrontation between bulls and bears in the market.

Specifically, the liquidation amount for BTC was 69.26 million USD, for ETH it was 77.71 million USD, and for XRP it was 31.38 million USD. These figures indicate that mainstream cryptocurrencies are most affected during market turmoil, and investors should closely monitor their price changes.

It is worth noting that the largest single liquidation occurred in Bitmex's ETHUSD contract, valued at 13.7407 million USD, reminding investors to operate cautiously in high-leverage trading.