According to Deep Tide TechFlow news and Coinglass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached $570 million, of which long positions liquidated amounted to $168 million and short positions liquidated amounted to $401 million.

The liquidation amount for BTC reached $88.7863 million, ETH liquidated $273 million, and XRP liquidated $15.3334 million. In the past 24 hours, a total of 118,432 people were liquidated, with the largest single liquidation occurring in the BTC-USD trading pair on Bybit, valued at $10 million.