#coinank Data shows: In the last 24 hours, a total of 532,457 overseas users have been liquidated, with a total liquidation amount of $1.651 billion, setting a recent record for the highest liquidation amount.

From the liquidation heat map, it can be seen that the liquidation amount for #Altcoins is the largest, reaching $556 million, followed by #ETH with a liquidation amount of $222 million, #BTC with a liquidation amount of $176 million, and #DOGE with a liquidation amount of $91.4637 million.

Among them, long positions were liquidated for $1.498 billion, and short positions were liquidated for $153 million, primarily long positions being liquidated.

The liquidation amount for altcoins has ranked first for several days in a row. This wave of decline is clearly aimed at cleaning out leveraged positions and contracts in altcoins, and investors need to closely monitor market trends and manage risks effectively.