TechFlow News, May 22: According to CoinGlass data, the total liquidation amount in the cryptocurrency market over the past 24 hours reached $175 million, comprising $85.7056 million in long-position liquidations and $89.2781 million in short-position liquidations.
Among these, Bitcoin (BTC) accounted for $41.4059 million in liquidations ($20.1099 million long, $21.2960 million short); Ethereum (ETH) accounted for $24.7550 million ($11.8037 million long, $12.9513 million short); and Solana (SOL) accounted for $5.1137 million ($1.4122 million long, $3.7015 million short).
A total of 74,372 traders were liquidated over the past 24 hours. The largest single liquidation occurred on Binance’s ETH/USDT trading pair, valued at $3.0345 million.
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