In the past 24 hours, the total network contract liquidation was 230 million US dollars, mainly short orders

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According to TechFlow, on July 16, according to Coinglass data, the cryptocurrency market had a total of $230 million in liquidation in the past 24 hours, with a total of 73,280 people liquidated, including $92.4507 million in long orders and $138 million in short orders; BTC liquidation amounted to $76.9157 million, and ETH liquidation amounted to $43.4327 million. The largest single liquidation occurred on Binance - BTCUSDT, with a value of $5.4195 million.