Over the past 24 hours, $194 million was liquidated across exchanges, primarily short positions.

On October 28 that according to CoinGlass data, over the past 24 hours, a total of 63,136 positions across the network were liquidated, with a total liquidation amount of $194 million. Among them, long positions accounted for $56.8527 million, representing 29.3%; short positions accounted for $137 million, representing 70.7%.

By coin, Bitcoin (BTC) liquidations totaled approximately $60.9006 million, with short positions accounting for 81.5%; Ethereum (ETH) liquidations totaled approximately $46.1188 million, with short positions accounting for 75.9%; Others (other coins) accounted for approximately $17.6088 million in liquidations, with long positions accounting for 54.5%.

The largest single liquidation over the past 24 hours occurred on the ETHUSDT trading pair on Binance, involving a short position valued at approximately $9.3927 million, liquidated at a price of $2,348.18. Binance accounted for 41.5% of the total network liquidation volume.