Data: Nearly $4.2 billion was liquidated across the entire network in the past 24 hours, and Bybit liquidation accounted for 43%

According to Coin data, affected by the sharp drop in Bitcoin, in the past 24 hours, the entire network has been liquidated nearly $4.2 billion, with more than 350,000 people liquidated, including $1.59 billion in Bitcoin, $1.05 billion in Ethereum, and $210 million in XRP. Regarding the statistics of exchange liquidations, Bybit contract liquidations accounted for 43.07%, and Huobi contracts accounted for nearly 20%.