In the past 24 hours, SATS saw $29.69 million in liquidations, while XPL saw $27.22 million in liquidations.

According to Jinse Finance, data shows that in the past 24 hours, the total liquidations across the network reached $165 million, with long positions liquidated for $103 million and short positions for $61.3773 million. The majority were long liquidations, including $29.6924 million in SATS liquidations and $27.2249 million in XPL liquidations.