In the past 24 hours, contracts across the entire network have liquidated $222 million, with both long and short positions blowing up

Coinglass data shows that in the past 24 hours, the total liquidation of contracts across the entire cryptocurrency market was $222 million USD, with long positions accounting for $104 million USD and short positions accounting for $117 million USD. The total amount of BTC liquidated was $27.4881 million USD, while ETH liquidations amounted to $39.1662 million USD.