In the past 24 hours, a total of $227 million in contract liquidations occurred across the entire network, primarily involving long positions.

CoinFeed reported on January 12th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $227 million in the past 24 hours, including $140 million in long positions and $86.1674 million in short positions. The total liquidation amount for BTC was $54.0532 million, and for ETH it was $39.9585 million.