The entire network was liquidated to US$239 million in 24 hours, and long orders became the hardest hit area.

According to the latest data from Coinglass, in the past 24 hours, the amount of liquidated positions across the entire network reached US$239 million, of which long orders accounted for a significant proportion of US$192 million, while short orders accounted for US$46.6273 million. BTC and ETH became the hardest hit areas, with liquidations of US$77.3684 million and US$72.3404 million respectively, followed closely by SOL, with liquidation of US$13.82 million. This liquidation wave affected a total of 67,649 investors. The largest single liquidation occurred in Binance’s BTCUSDT market, with an amount of US$10.831 million. As market volatility intensifies, investors need to be cautious.

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