Shenchao TechFlow News, on August 16, according to Coinglass data, the total liquidation amount in the cryptocurrency market in the past 24 hours reached 291 million USD, of which long position liquidations amounted to 221 million USD and short position liquidations amounted to 70.4408 million USD. A total of 90,690 people were liquidated globally, with the largest single liquidation occurring on Binance - BTCUSD_PERP valued at 6.3533 million USD.