In the past 24 hours, the total liquidation of crypto futures contracts reached $1.736 billion, mainly long positions.

CoinFeed reported on June 4th that, according to Coinglass data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $1.736 billion in the past 24 hours, including $1.545 billion in long positions and $191 million in short positions. The total liquidation amount for BTC was $821 million, and for ETH it was $390 million.