In the past 24 hours, there has been a liquidation of over $500 million across the network, mainly affecting long positions.

BlockBeats News, October 16th, according to Coinglass data, in the past 24 hours, a total of $5.01 billion was liquidated across the entire network. Globally, 190,948 people were liquidated, with $3.54 billion in long liquidations and $1.47 billion in short liquidations. The largest single liquidation occurred on Hyperliquid – BTC-USD, amounting to $5.7065 million.