In the past 24 hours, the total liquidation across the network was $169 million, with long positions accounting for $123 million.

In the past 24 hours, the total liquidation across the network was $169 million, with long positions accounting for $123 million. Here are the key points summarized by Liang Ge:

1. Scale of Liquidation: In the past 24 hours, the total liquidation amount across the network reached $169 million, which is substantial.

2. Long Position Ratio: The liquidation amount for long positions is $123 million, accounting for the majority of the total liquidation amount.

3. Market Volatility: Possible severe market fluctuations may lead to investors misjudging the market, resulting in liquidation.

4. Leverage Risk: High leverage trading magnifies losses and is a significant factor in liquidations.

5. Investment Warning: This liquidation serves as a reminder for investors to participate cautiously in trading and manage risks.

The above is a personal opinion and is for reference only.