TechFlow reports on February 3 that according to Coinglass data, the total liquidation amount in the cryptocurrency market reached $1.081 billion over the past 24 hours, with a total of 422,349 positions liquidated. Long positions accounted for $940 million in liquidations, while short positions accounted for $141 million.
ETH liquidations amounted to $242 million, BTC liquidations reached $203 million, DOGE liquidations totaled $44.41 million, and SOL liquidations reached $44.74 million. The largest single liquidation occurred on the ETH-USDT pair on Binance, valued at $19.05 million.
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