In the past 24 hours, a total of $711 million in contract liquidations occurred across the entire network, primarily affecting short positions.

CoinFeed reported on April 17th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $711 million in the past 24 hours, including $144 million in long positions and $567 million in short positions. The total liquidation amount for BTC was $318 million, and for ETH it was $149 million.