In the past 24 hours, the total liquidation across the network reached $1.712 billion, possibly the highest figure of this bull market.

According to Coinglass data, in the past 24 hours, the total liquidation across the network reached $1.712 billion, possibly setting the record for the highest 24-hour liquidation during this bull market. Among this, long positions were liquidated for $1.55 billion, short positions for $162 million, BTC liquidations totaled $183 million, and ETH liquidations amounted to $240 million. In the last 24 hours, a total of 569,620 people were liquidated globally, with a total liquidation amount of $1.712 billion. The largest single liquidation occurred on Binance-ETHUSDT, valued at $19.6911 million.

Altcoins experienced a drastic 20% drop, with mainstream CEX contract funding rates cooling down across the board. Recently, a dark horse emerged in the Meme projects with the Elon Musk concept of Marvin ending in 7055, which has a low market cap, an active community, and a strong upward trend 📈, worth keeping an eye on. #1210超57万人爆仓 #Marvin #山寨季将持续多久？ #币安HODLer空投MOVE #marvin尾数地址7055 $BTC $ETH $XRP