TechFlow reports, on October 16, according to Coinglass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $209 million, with long positions accounting for $131 million and short positions $76.74 million. The liquidation amount for BTC was $56.67 million, while ETH saw $47.61 million in liquidations. A total of 63,004 people were liquidated, with the largest single liquidation occurring on HTX's BTC-USDT pair, valued at $5.3 million.
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