Svmuu News: According to CoinGlass data, a total of 129,160 positions were liquidated across the network in the past 24 hours, with the total liquidation value reaching $585 million. Of this, long positions accounted for $111 million, while short positions accounted for $474 million. The largest single liquidation occurred on the BTC-USD trading pair on Hyperliquid, amounting to $10.4154 million. This marks the first time in nearly a month and a half that short position liquidations have exceeded long position liquidations.