In the past 24 hours, a total of $223 million in contract liquidations occurred across the entire network, primarily affecting short positions.

CoinFeed reported on December 4th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $223 million in the past 24 hours, including $81.5225 million in long positions and $142 million in short positions. The total liquidation amount for BTC was $63.8933 million, and for ETH it was $85.8267 million.