BlockBeats news, on May 9, according to Coinglass data, the total liquidation across the network in the past 24 hours reached 1.176 billion USD, with short liquidations at 876 million USD and long liquidations at 300 million USD.

In the last 24 hours, a total of 263,758 people have been liquidated globally, with the largest single liquidation occurring on Binance - BTCUSDC worth 11.9692 million USD.