In the past 24 hours, a total of $1.145 billion in contract liquidations occurred across the entire network, primarily affecting short positions.

CoinFeed reported on November 4th that, according to Coinglass data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $1.145 billion in the past 24 hours, including $189 million in long positions and $956 million in short positions. The total liquidation amount for BTC was $333 million, and for ETH it was $300 million.