X @Wu Blockchain

Market Overview - BTC and ETH experienced intraday surges followed by declines exceeding 4% [1] - Over $1 billion liquidations occurred across the network in the past 24 hours [1] Liquidation Analysis - $782 million in long positions were liquidated [1] - 219.5 thousand users were affected by the liquidations [1] - The largest single liquidation occurred on Bybit - BTCUSD, valued at $10 million [1]