In the past 24 hours, over 225,000 people in the cryptocurrency market have been liquidated, with a total amount of $1.066 billion.

According to Coinglass data, in the past 24 hours, over 225,000 people were liquidated in the cryptocurrency market, with a total liquidation amount of $1.066 billion. Among them, long positions were liquidated for $890 million, while short positions were liquidated for $170 million. In terms of news, some market participants believe that funds may start to withdraw from the cryptocurrency market, potentially opening a period of vulnerability for the cryptocurrency market.