Data from CoinGecko shows that the current total market value of cryptocurrencies is 3.635 trillion US dollars, with a 24-hour drop of 7.5%. BTC's market share is 53.1%, and ETH's market share is 12.4%. According to Coinglass data, in the past 24 hours, there has been a liquidation of $1.711 billion across the network, including $1.55 billion in long positions and $162 million in short positions; BTC liquidations amounted to $183 million, while ETH liquidations were at $240 million.