In the past 24 hours, a total of $166 million in contract liquidations occurred across the entire network, primarily involving long positions.

CoinFeed reported on January 1st that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $166 million in the past 24 hours, including $120 million in long positions and $46.0208 million in short positions. The total liquidation amount for BTC was $33.2382 million, and for ETH it was $14.0731 million.