In the past 24 hours, a total of $268 million in contract liquidations occurred across the entire network, primarily involving long positions.

CoinFeed reported on May 12th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $268 million in the past 24 hours, including $181 million in long positions and $87.1561 million in short positions. The total liquidation amount for BTC was $60.5809 million, and for ETH it was $52.7995 million.