Wu said that according to Binance market data, BTC fell below $61,000 and is now at $60,871, a 24-hour drop of 6.07%. ETH fell below $3,000 and is now at $2,945, a 24-hour drop of 7.72%. Coinglass data shows that the entire network has been liquidated for $299 million in the last 24 hours, including $260 million in long orders and $38.97 million in short orders.