In the past 24 hours, the total network contract liquidation was US$261 million, mainly due to the short position

CoinFeed reported on August 16th that Coinglass data showed that over the past 24 hours, the cryptocurrency market saw $261 million in liquidated contracts across the network, including $70.7449 million in long positions and $190 million in short positions. The total liquidation amount for BTC was $29.0379 million, and for ETH, $115 million.