In the past 24 hours, the total network contract liquidation was US$553 million, mainly due to the short position

CoinFeed reported on October 7th that Coinglass data showed that over the past 24 hours, the cryptocurrency market saw $553 million in liquidated contracts across the network, including $200 million in long positions and $353 million in short positions. The total liquidation amount for BTC was $134 million, and for ETH, $124 million.