TechFlow News: According to CoinGlass data on May 12, the total liquidation amount across cryptocurrency markets over the past 24 hours reached $292 million, including $189 million in long-position liquidations and $103 million in short-position liquidations. Ethereum (ETH) recorded the highest liquidation amount at $64.5 million ($55.34 million in longs and $9.16 million in shorts), while Bitcoin (BTC) saw $63.8 million in liquidations ($37.24 million in longs and $26.56 million in shorts). A total of 100,448 traders were liquidated within the past 24 hours. The largest single liquidation occurred on Binance’s ETH/USDT trading pair, valued at $2.714 million.
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