Today's data continues to worsen, with nearly $1.6 billion in liquidations! Total liquidations in the last 24 hours reached $1.6 billion, with 245,590 people forced out of the market. Long positions accounted for $1.35 billion (84.2%), while short positions accounted for $252.76 million (15.8%). In the last 12 hours, long positions lost $335.7 million, and short positions $94.42 million. In the last hour, long positions were still losing $11.06 million, while short positions only lost $1.04 million. This means that as of now, long positions are still being unilaterally wiped out, a situation that has persisted for over 30 hours. The largest single liquidation was a $11.09 million long position in Binance's BTCUSDT, at a liquidation price of $79,254. This price level has become the most painful point for long positions in this round of decline. Binance accounted for 49.1% of all liquidations. The total market capitalization is $2.601 trillion, a decrease of $46 billion from six hours ago, and a loss of $291 billion from the beginning of the month's $2.892 trillion. However, trading volume continued to surge to $189.5 billion, more than 30% higher than the $140.6 billion six hours earlier. This volume indicates that the clearing process is still underway and has not yet ended.