According to Wu's report and Coinglass data, in the past 24 hours, the total ETH contract trading volume exceeded 11.1 billion dollars, surpassing the BTC contract trading volume (8.75 billion dollars), making it the asset with the largest contract trading volume. Additionally, in the past 24 hours, the ETH liquidation amount reached 131 million dollars, which is more than twice the BTC liquidation amount (approximately 60.7 million dollars).