TechFlow News: According to CoinGlass data on May 7, the total liquidation amount across cryptocurrency markets over the past 24 hours reached $327 million, including $236 million in long-position liquidations and $90.59 million in short-position liquidations. Bitcoin (BTC) liquidations amounted to $84.36 million, while Ethereum (ETH) liquidations totaled $93.76 million. A total of 107,309 traders were liquidated within the past 24 hours. The largest single liquidation occurred on Binance’s ETH/USDT trading pair, valued at $10.52 million.
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