In the past 24 hours, the total liquidation of contracts across the network reached 321 million USD, with long positions being the primary cause.

According to news from Hash World and data from Coinglass, the total liquidation amount in the cryptocurrency market over the past 24 hours was 321 million USD. Among them, the liquidation amount for long positions was 216 million USD, while the liquidation for short positions was 106 million USD. The total liquidation amount for BTC was 33.93 million USD, and for ETH, it was 120 million USD.