In the past 24 hours, a total of $165 million in contract liquidations occurred across the entire network, primarily affecting short positions.

CoinFeed reported on May 9th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $165 million in the past 24 hours, including $47.576 million in long positions and $118 million in short positions. The total liquidation amount for BTC was $10.2297 million, and for ETH it was $15.107 million.