In the past 24 hours, there has been a total of $421 million in liquidations across the network, with Ethereum leading the way at $156 million.

BlockBeats News, May 11th, according to Coinglass data, in the past 24 hours, the total amount of liquidated positions across the entire network was $421 million, with the majority being short liquidations totaling $271 million.

Regarding the liquidated assets, Ethereum led the network with $156 million in liquidations, surpassing Bitcoin. Ethereum's short positions were liquidated at $98.525 million.