TechFlow News: According to CoinGlass data on May 6, the total liquidation amount across the cryptocurrency market over the past 24 hours reached $584 million, including $181 million in long-position liquidations and $404 million in short-position liquidations. Bitcoin (BTC) accounted for $190 million of the liquidations, while Ethereum (ETH) accounted for $99.9392 million. A total of 137,592 traders were liquidated within the past 24 hours. The largest single liquidation occurred on Binance’s BTC/USDC trading pair, valued at $6.1364 million.
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