$629 Million in Liquidations Across the Market in the Past 12 Hours, Mostly Long Positions

Data shows that in the past 12 hours, total liquidations across the network reached $629 million, with long positions accounting for $563 million and short positions for $65.85 million, predominantly affecting long positions. Among these, ETH liquidations amounted to $269 million and BTC liquidations to $149 million.