In the past 24 hours, both long and short positions on the entire network have exploded to US$653 million, and in the past 12 hours, short orders have mainly exploded.
On March 1, according to Coinglass data, US$653 million was liquidated across the network in the past 24 hours, including US$309 million in long positions and US$344 million in short positions.In the past 12 hours, as the U.S.'s crackdown on Iran achieved initial results, the market began to rebound, with positions liquidated by US$271 million across the entire network, including US$221 million for short orders and US$50.11 million for long orders.
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