Data: Over 570,000 people liquidated, with total liquidations in the past 24 hours rising to $2.597 billion

According to Coinglass data, the total liquidation across the network in the past 24 hours has risen to $2.597 billion, with long liquidations amounting to $2.129 billion and short liquidations totaling $467 million. A total of 577,179 people have been liquidated globally, with the largest single liquidation occurring on Binance - BTCUSDT, valued at $12.0209 million.