In the past 24 hours, the entire network contract liquidation was US$259 million, with both long and short positions exploding.

CoinFeed reported on August 28th that Coinglass data showed that over the past 24 hours, the cryptocurrency market saw $259 million in liquidated contracts across the network, including $109 million in long positions and $150 million in short positions. The total liquidation amount for BTC was $37.996 million, and the total liquidation amount for ETH was $92.559 million.