In the past 24 hours, total liquidations on the network reached $365 million, mainly driven by long liquidations.

BlockBeats news, on August 5th, according to Coinglass data, the total liquidation on the network in the past 24 hours was $365 million, including $236 million in long liquidations and $129 million in short liquidations.

In the past 24 hours, a total of 127,776 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD worth $5.1651 million.