In the past 24 hours, the total network contract liquidation was US$588 million, mainly due to the short position

CoinFeed reported on August 18th that Coinglass data showed that over the past 24 hours, the cryptocurrency market saw $588 million in liquidated contracts across the network, including $84.2742 million in long positions and $504 million in short positions. BTC liquidations totaled $130 million, and ETH liquidations totaled $239 million.