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Over the past 24 hours, total liquidations across the network reached $111 million, with both long and short positions being liquidated.

Shenchao TechFlow News, May 31, according to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $111 million, with long position liquidations at $61.6996 million and short position liquidations at $49.7262 million.

Among them, BTC liquidations amounted to $8.6954 million (longs $5.6986 million, shorts $2.9968 million), ETH liquidations at $10.4279 million (longs $7.6646 million, shorts $2.7633 million), and SOL liquidations at $2.5154 million (longs $2.0019 million, shorts $513,500).

Over the past 24 hours, a total of 63,819 people were liquidated, with the largest single liquidation occurring on the Bybit ETHUSDT trading pair, valued at $798,200.