In the past 24 hours, the total network contract liquidation was US$1.195 billion, mainly due to the short position

CoinFeed reported on October 17th that Coinglass data showed that over the past 24 hours, the cryptocurrency market saw $1.195 billion in liquidated contracts across the network, including $307 million in long positions and $888 million in short positions. The total liquidation amount for BTC was $453 million, and for ETH, $281 million.