In the past 24 hours, a total of $238 million in contract liquidations occurred across the entire network, primarily affecting short positions.

CoinFeed reported on May 1st that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $238 million in the past 24 hours, including $56.512 million in long positions and $181 million in short positions. The total liquidation amount for BTC was $113 million, and for ETH it was $33.156 million.