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According to Deep Tide TechFlow news on May 16, data from Coinglass shows that the total liquidation amount in the cryptocurrency market in the past 24 hours reached 259 million USD, among which long orders were liquidated for 158 million USD and short orders for 101 million USD. A total of 96,739 people were liquidated globally, with the largest single liquidation occurring on OKX - ETH-USDT-SWAP valued at 4.1976 million USD.