In the past 24 hours, a total of $382 million in contract liquidations occurred across the entire network, primarily affecting short positions.

CoinFeed reported on May 24th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $382 million in the past 24 hours, including $132 million in long positions and $250 million in short positions. The total liquidation amount for BTC was $134 million, and for ETH it was $86.1775 million.