The crypto market has liquidated $798 million in the past 24 hours, and 212,000 people have been liquidated

According to CoinGlass data, a total of 212,177 people around the world have been liquidated in the past 24 hours, with a total liquidation amount of US$798 million. Among them, long orders were liquidated by US$690 million and short orders were liquidated by US$108 million. The total 1-hour liquidation was $314 million, the 4-hour total liquidation was $497 million, and the 12-hour total liquidation was $547 million. The largest single liquidation order occurred on Hyperliquid’s BTC-USD trading pair, valued at $31.6446 million.