In the past 24 hours, a total of $345 million in contract liquidations occurred across the entire network, primarily affecting short positions.

CoinFeed reported on March 16th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $345 million in the past 24 hours, including $87.3661 million in long positions and $258 million in short positions. The total liquidation amount for BTC was $124 million, and for ETH it was $110 million.