In the past 24 hours, the cryptocurrency market saw a total of $1.054 billion in liquidations across all platforms, with long positions accounting for $991 million.

According to CoinGlass monitoring, in the past 24 hours, a total of 179,115 people worldwide were liquidated, with a total liquidation amount of $1.054 billion. Of this, long positions were liquidated for $991 million, and short positions for $62.9494 million. The largest single liquidation occurred on the Bitget platform's BTCUSDT trading pair, valued at $13.52 million.