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According to on-chain data statistics, the market experienced significant capital pressure over the past 24 hours. The total liquidation volume across the network reached $204 million, with longs under greater pressure, accounting for $127 million in liquidations, and shorts totaling $76.765 million.
Specifically, in the Bitcoin direction, longs were liquidated for $36.9116 million, while shorts lost $25.5491 million. The situation for Ethereum is similar, with longs liquidated for $28.6517 million and shorts for $17.1006 million.
More notably, 80,749 people faced liquidations within this 24-hour period. The largest single liquidation occurred on the Hyperliquid platform's BTC-USD contract, amounting to $2.5192 million. Market volatility is indeed testing every trader's risk management capabilities.