In the past 24 hours, total contract liquidations across the network reached $77.31 million, mainly affecting short positions.

PANews reported on December 25 that, according to CoinAnk data, in the past 24 hours, the total amount of liquidated contracts in the cryptocurrency market reached $77.31 million, with long positions liquidated totaling $25.11 million and short positions totaling $52.21 million. The total amount of BTC liquidations was $24.62 million, while ETH liquidations totaled $9.51 million.