In the past 24 hours, the total liquidation across the network reached 226 million USD, with long liquidations amounting to 89.58 million USD and short liquidations amounting to 136 million USD.
The liquidation volume of ETH has surpassed BTC, reaching 85.90 million USD.
It seems that there are many players in the market playing $ETH , and once the price is pulled up, it really explodes.