In the past 24 hours, the entire network has seen $488 million in liquidations, with the majority coming from a long squeeze.</p>

BlockBeats News, August 29th, according to Coinglass data, in the past 24 hours, a total of $488 million was liquidated across the entire network. Long liquidations amounted to $362 million, while short liquidations reached $126 million. A total of 97,829 people were liquidated globally.