In the past 24 hours, the total network contract liquidation was US$358 million, mainly due to the short position

CoinFeed reported on September 5th that Coinglass data showed that over the past 24 hours, the cryptocurrency market saw $358 million in liquidated contracts across the network, including $142 million in long positions and $216 million in short positions. The total liquidation amount for BTC and ETH was $120 million, respectively.