In the past 24 hours, liquidations across the entire network amounted to $161 million, with Bitcoin accounting for approximately $57.44 million of these liquidations

According to Coinglass data, the total liquidation amount across the network reached 161 million US dollars in the past 24 hours. Of this, long position liquidations were about 64.04 million US dollars and short position liquidations were about 96.89 million US dollars. Bitcoin liquidations were approximately 57.44 million US dollars, while Ethereum liquidations were around 42.96 million US dollars.