In the past 24 hours, a total of $121 million in contract liquidations occurred across the entire network, primarily involving long positions.

CoinFeed reported on January 17th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $121 million in the past 24 hours. This included $83.2608 million in long positions and $38.1046 million in short positions. The total liquidation amount for BTC was $21.0949 million, and for ETH it was $23.1523 million.