In the past 24 hours, a total of $361 million in contract liquidations occurred across the entire network, primarily affecting short positions.

CoinFeed reported on December 3rd that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $361 million in the past 24 hours, including $108 million in long positions and $253 million in short positions. The total liquidation amount for BTC was $152 million, and for ETH it was $76.7158 million.