In the last 24 hours, a total of 290,917 overseas users have been liquidated, with a total liquidation amount of $848 million, and the liquidation amount remains high.

Among them, Bitcoin liquidations amounted to $181 million, ranking first in liquidations, Ethereum liquidations were $170 million, ranking second, and altcoin liquidations were $161 million, ranking third.

Long position liquidations totaled $623 million, while short position liquidations amounted to $225 million, with long positions being the primary focus of the liquidations.

The market's long positions were further cleaned out during yesterday's decline, and attention should be paid to price rebounds next, which may lead to the liquidation of short positions.