In the past 12 hours, the entire network has witnessed a total of $291 million in liquidations, with the majority coming from long positions.

BlockBeats News, August 1st, according to Coinglass data, in the past 12 hours, a total of $291 million has been liquidated across the entire network, with 110,469 people globally being liquidated. Among them, long positions were liquidated at $272 million, and short positions were liquidated at $19.822 million. The largest single liquidation occurred on the Binance platform in the ETHUSDT contract trading pair, amounting to $6.8163 million.