In the past 24 hours, contracts across the entire network have liquidated $551 million, mainly in long positions

Coinglass data shows that in the past 24 hours, the total liquidation of contracts across the entire cryptocurrency market was $551 million USD. Of this, long positions accounted for $479 million USD and short positions were worth $72.01 million USD. The total amount of BTC liquidated was $107 million USD, while ETH liquidations amounted to $101 million USD.