In the past 24 hours, liquidations across the network have reached a total of $1.134 billion, primarily driven by long positions. The significant figure indicates a notable shift in market dynamics, with many traders facing forced liquidations. Long positions, which typically bet on price increases, have been particularly affected during this period. This trend highlights the volatility present in the current trading environment, as traders react to market fluctuations. The scale of these liquidations suggests a broader impact on market sentiment and trading strategies.
