$220 million liquidated across the entire market in the past 24 hours, long and short positions both blown out

TechFlow, according to Coinglass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $220 million, including $102 million in long positions and $118 million in short positions.

BTC liquidations amounted to $56.13 million, ETH liquidations to $79.54 million, and SOL liquidations to $9.50 million. A total of 73,449 individuals were liquidated within the past 24 hours, with the largest single liquidation occurring on Bybit's BTC-USD pair, valued at $2.00 million.