In the past 24 hours, a total of $691 million in contract liquidations occurred across the entire network, primarily involving long positions.

CoinFeed reported on January 26th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $691 million in the past 24 hours, including $459 million in long positions and $232 million in short positions. The total liquidation amount for BTC was $199 million, and for ETH it was $255 million.