TechFlow News, February 6: According to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 12 hours reached $1.81 billion, including $1.598 billion in long-position liquidations and $212 million in short-position liquidations.
Bitcoin liquidations amounted to $1.009 billion, while Ethereum liquidations totaled $398 million. According to CoinGlass statistics, a total of 463,608 traders were liquidated globally in the last 24 hours. The largest single liquidation occurred on Binance’s BTC/USDT trading pair, valued at $12.0209 million.
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