In the past 24 hours, the total liquidation across the network reached $586 million, mainly from long positions

Deep Tide TechFlow news, on July 22, according to Coinglass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $586 million, of which long positions liquidated $427 million and short positions liquidated $159 million.

The liquidation amount for Bitcoin reached $112 million, and for Ethereum, it reached $183 million. In the past 24 hours, a total of 157,242 people were liquidated, with the largest single liquidation occurring on the Huobi Global platform's Bitcoin-USDT trading pair, worth $36.2018 million.