In the past 24 hours, the entire network has liquidated $365 million, mainly in long positions.

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On August 5th, according to Coinglass data, the total network liquidation in the past 24 hours was $365 million, with long positions liquidation at $236 million and short positions liquidation at $129 million.

In the past 24 hours, a total of 127,776 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD, valued at $5.165 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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