In the past 24 hours, total contract liquidations across the network reached $154 million, mainly affecting short positions.

PANews reported on January 4 that, according to CoinAnk data, in the past 24 hours, the total amount of liquidated contracts in the cryptocurrency market reached $154 million, with long positions accounting for $29.13 million and short positions accounting for $125 million. The total amount of BTC liquidations was $51.43 million, while ETH liquidations totaled $17.40 million.