$503 million liquidated across the entire market in the past 24 hours, primarily long positions

TechFlow news, May 13 — According to Coinglass data, the total liquidation amount in the cryptocurrency market reached $503 million in the past 24 hours, including $372 million in long positions and $132 million in short positions. A total of 164,662 people worldwide were liquidated, with the largest single liquidation occurring on Bybit - BTCUSD, valued at $11 million.