In the past 24 hours, a total of $787 million in contract liquidations occurred across the entire network, primarily affecting short positions.

CoinFeed reported on November 3rd that, according to Coinglass data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $787 million in the past 24 hours, including $69.1062 million in long positions and $718 million in short positions. The total liquidation amount for BTC was $221 million, and for ETH it was $184 million.