In the past 24 hours, a total of $54.1573 million in contract liquidations occurred across the entire network, primarily affecting short positions.

CoinFeed reported on December 28th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $54.1573 million in the past 24 hours. This included $17.6406 million in long positions and $36.5167 million in short positions. The total liquidation amount for BTC was $3.8984 million, and for ETH it was $7.9556 million.