In the past 24 hours, the total network contract liquidation was US$488 million, mainly due to the short position

CoinFeed reported on August 20th that Coinglass data showed that over the past 24 hours, the cryptocurrency market saw $488 million in liquidated contracts across the network, including $170 million in long positions and $318 million in short positions. BTC liquidations totaled $120 million, and ETH liquidations totaled $191 million.