#Over $800 million in liquidations across the entire network.#

The cryptocurrency market has been experiencing extreme volatility recently, with total liquidations across the network exceeding $800 million. Data shows that over the past 24 hours, total contract liquidations reached $866 million, with long liquidations accounting for $673 million, representing 77.7% of the total liquidations. Within the last hour, total contract liquidations reached $12.19 million, with short liquidations dominating, and BTC liquidations accounting for 55.38% of the total. This indicates that market sentiment is cautious, with investors showing divergence in their views on market trends, leading to large-scale liquidations on both sides. Notably, ETH liquidations reached $166 million, accounting for 19.21% of the total, highlighting significant volatility risks in the ETH market. Overall, the cryptocurrency market is currently in a highly volatile state, and investors should exercise caution, manage risk, and avoid substantial losses.