According to the CoinGlass liquidation map, long positions currently dominate the market. If BTC were to drop sharply to around $75,800, the volume of LONG liquidations would exceed $6.7 billion. For ETH, a decline to about $2,420 would trigger liquidations totaling $4.17 billion.

These thresholds are indicated on the CoinGlass liquidation map and represent estimates of potential forced closures of long positions in the event of a rapid price move downward.

The statement "there are currently more long traders in the market" aligns with the levels shown: for BTC, the key level is around $75,800, and for ETH, about $2,420. The figures refer specifically to possible LONG liquidations in the event of a sharp decline, not to transactions that have already occurred.

The amounts cited reflect the notional volumes that could be affected if these price levels are reached, highlighting the vulnerability of long positions to sudden market downturns.