TechFlow News, May 11: According to CoinGlass data, the total liquidation amount across cryptocurrency markets over the past 24 hours reached $448 million, comprising $196 million in long-position liquidations and $252 million in short-position liquidations. Bitcoin (BTC) liquidations totaled $135 million ($46.5987 million in long positions and $88.2652 million in short positions), while Ethereum (ETH) liquidations amounted to $102 million ($46.125 million in long positions and $56.1764 million in short positions). A total of 99,508 traders were liquidated within the past 24 hours. The largest single liquidation occurred on Binance’s ETH/USDT trading pair, valued at $6.5912 million.
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