In the past 24 hours, a total of $253 million has been liquidated across the network. The total market value of cryptocurrencies has dropped to $1.628 trillion

CoinGecko data shows that the current total market value of cryptocurrencies is 1.628 trillion US dollars, with a 24-hour drop of 5.1%. In addition, BTC's market share is 47.5%, and ETH's market share is 17%. According to Coinglass data, in the past 24 hours, there has been a total liquidation of $253 million across the network; among them, BTC liquidations amounted to $74.4939 million and ETH liquidations were $64.8785 million; long positions accounted for $217 million in liquidations while short positions made up $35.7434 million in liquidations.