TechFlow News: According to CoinGlass data on February 4, the total liquidation amount across the cryptocurrency market over the past 24 hours reached $777 million, including $592 million in long-position liquidations and $184 million in short-position liquidations.
Bitcoin (BTC) liquidations amounted to $292 million ($240 million in long positions and $52.3416 million in short positions), while Ethereum (ETH) liquidations totaled $306 million ($215 million in long positions and $91.4239 million in short positions). A total of 167,466 traders were liquidated over the past 24 hours. The largest single liquidation occurred on HTX’s ETH/USDT trading pair, valued at $8.4038 million.
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