TechFlow reports on February 3 that according to Coinglass data, the total liquidation amount in the cryptocurrency market over the past 24 hours has risen to $2.041 billion, with a total of 700,594 people liquidated. Among them, long positions accounted for $1.771 billion in liquidations, while short positions saw $270 million in liquidations.
ETH liquidations reached $532 million, BTC liquidations amounted to $380 million, DOGE liquidations totaled $73.8641 million, and SOL liquidations hit $78.1414 million. The largest single liquidation occurred on the ETH-BTC pair on Binance, valued at $25.635 million.
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