In the past 24 hours, $532 million in liquidations occurred across the network, primarily affecting long positions

According to a report by Jinse Finance, Coinglass data shows that in the past 24 hours, the total amount of liquidations in the cryptocurrency market reached $532 million. Of this, long positions accounted for $475 million in liquidations, while short positions saw $57.35 million liquidated. ETH liquidations totaled $200 million, BTC liquidations reached $112 million, and SOL liquidations amounted to $30.3 million.