In the last 24 hours, a total of 212,075 overseas users have been liquidated, with a total liquidation amount of $599 million. In the past two days, the liquidation amount has remained high.

The liquidation heatmap shows that the largest liquidation amount is for #altcoins , reaching $116 million, while #xrp remains in second place with a liquidation amount of $83.34 million, and #BTC☀ has a liquidation amount of $79.94 million, while #ETH🔥🔥🔥🔥 has a liquidation amount of $54.19 million.

Among them, long position liquidations totaled $375 million, while short position liquidations reached $224 million, indicating a primary focus on long position liquidations.

Recently, the market has seen multiple instances of rapid downward spikes on an hourly basis, and investors need to closely monitor market trends and manage risks effectively.