In the past 24 hours, a total of $736 million in contract liquidations occurred across the entire network, primarily involving long positions.

CoinFeed reported on May 23 that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $736 million in the past 24 hours, including $680 million in long positions and $56.594 million in short positions. The total liquidation amount for BTC was $295 million, and for ETH it was $180 million.