Over 420,000 Liquidated! Total of $2.566 Billion in Liquidations Across the Network in the Last 24 Hours

BlockBeats News, February 1st, according to Coinglass data, the total value of liquidations in the past 24 hours has surged to $25.66 billion, with $24.07 billion in long liquidations and $1.59 billion in short liquidations.

A total of 424,317 users were liquidated globally, with the largest single liquidation occurring on Hyperliquid - ETH-USD worth $222 million.