In the past 24 hours, the total liquidation across the network was $542 million, primarily driven by long liquidations.

Deep Tide TechFlow News, on January 8th, according to Coinglass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $542 million, of which long liquidations amounted to $484 million and short liquidations totaled $57.42 million.

BTC liquidation amount reached $102 million, ETH liquidation $118 million, and SOL liquidation $24.31 million. In the past 24 hours, a total of 171,611 people globally were liquidated, with the largest single liquidation occurring on the Binance ETH-USDT trading pair, valued at $17.74 million.