BlockBeats News, February 1st, according to Coinglass data, the total value of liquidations in the past 24 hours has surged to $25.66 billion, with $24.07 billion in long liquidations and $1.59 billion in short liquidations.A total of 424,317 users were liquidated globally, with the largest single liquidation occurring on Hyperliquid - ETH-USD worth $222 million.