In the past 24 hours, total contract liquidations across the entire network amounted to $516 million, primarily short positions.

CoinFeed reported on May 6th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $516 million in the past 24 hours, including $161 million in long positions and $355 million in short positions. The total liquidation amount for BTC was $160 million, and for ETH it was $77.719 million.