Bitcoin Surges Past 40000 to Reach 19Month High Total Liquidation Amount Reaches 151 Million

According to data from Coinglass, as the cryptocurrency market continues to rise, the total liquidation amount of the entire network in the past 24 hours has reached as high as 151 million US dollars, with nearly 59,000 people being liquidated, of which short positions worth about 112 million US dollars have been liquidated. The largest single liquidation occurred in the XBTUSD futures contract on the BitMEX exchange, with a liquidation value of about 6 million US dollars.