Last night's plunge resulted in a total liquidation of $1.71 billion, the largest long liquidation in this cycle.

Coinglass @coinglass_com official posted on the X platform, "This is the largest long liquidation so far in this bull market cycle. In the past 24 hours, 569,214 traders were liquidated, with a total liquidation of $1.71 billion."

Long leverage has been liquidated, and the next opportunity is to bottom out and rush!