$659 million liquidated across the entire network in the past 24 hours, primarily long positions

TechFlow News, June 23: According to CoinGlass data, the total liquidation amount across cryptocurrency markets over the past 24 hours reached $659 million, including $601 million in long-position liquidations and $58.64 million in short-position liquidations.

Among these, Bitcoin (BTC) liquidations totaled $175 million ($164 million in long positions and $11.36 million in short positions); Ethereum (ETH) liquidations totaled $165 million ($150 million in long positions and $15.03 million in short positions); and Solana (SOL) liquidations totaled $30.16 million ($29.20 million in long positions and $0.96 million in short positions).

A total of 138,559 traders were liquidated over the past 24 hours. The largest single liquidation occurred on Hyperliquid’s ETH-USD trading pair, valued at $14.15 million.