In the past 24 hours, a total of $1.656 billion in contract liquidations occurred across the entire network, primarily involving long positions.

In the past 24 hours, the cryptocurrency market saw a total of $1.656 billion in liquidations across all futures contracts, including $1.265 billion in long positions and $391 million in short positions. Total BTC liquidations amounted to $573 million, and ETH liquidations amounted to $459 million.