In the past 24 hours, total liquidations across the network exceeded $700 million, with more than 120,000 people liquidated.

October 7th, according to Coinglass data, as Bitcoin fell below $83,000, the entire network liquidated $701 million in the past 24 hours, including $642 million in long liquidations and $59.11 million in short liquidations.

A total of 122,473 people were liquidated globally, and the largest single liquidation order occurred on Binance - ETHUSDC, valued at $26.6438 million.