In the past 24 hours, contracts across the entire network have liquidated 1 billion US dollars, with both long and short positions being liquidated

Coinglass data shows that in the past 24 hours, the total liquidation of contracts across the entire cryptocurrency market reached 1 billion US dollars, including long positions worth 528 million US dollars and short positions worth 472 million US dollars. The total amount of BTC liquidated was 316 million US dollars, while ETH liquidations amounted to 134 million US dollars.