In the past 24 hours, a total of $357 million in contract liquidations occurred across the entire network, primarily involving long positions.

CoinFeed reported on January 8th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $357 million in the past 24 hours, including $314 million in long positions and $42.9204 million in short positions. The total liquidation amount for BTC was $101 million, and the total liquidation amount for ETH was $77.5038 million.