Total liquidations across the entire network in the past 24 hours reached $332 million, with both long and short positions being wiped out

On October 19, according to CoinGlass data, a total of 89,034 people were liquidated in the cryptocurrency market over the past 24 hours, with the total liquidation amount reaching approximately $332 million. Among them, long positions accounted for approximately $176 million, representing 52.8%; short positions accounted for approximately $157 million, representing 47.2%. Binance's liquidation amount accounted for 50.5% of the entire network. The largest single liquidation occurred on Binance's ETH/USDT trading pair, amounting to approximately $11.8057 million. By coin type, ETH had the highest liquidation amount, approximately $111 million. Of this, short position liquidations amounted to approximately $72.1872 million, accounting for 64.9%. BTC liquidations totaled approximately $65.483 million, with long position liquidations at $33.3426 million and short position liquidations at $32.1404 million, both being nearly equal in scale. ZEC liquidations reached approximately $14.7715 million, while SOL liquidations reached approximately $13.7187 million.