TechFlow reported, according to Coinglass data, that within the past 4 hours, the total liquidation in the cryptocurrency derivatives market reached $727 million across the entire network, including $608 million long positions and $119 million short positions.
The total liquidation amount for BTC was approximately $297 million, while ETH liquidations totaled $128 million.
Over the past 24 hours, the total liquidation in the global crypto derivatives market amounted to $944 million, with a total of 253,441 individuals liquidated.
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