BTC rebounded after falling below $60,000; over $1.8 billion in contract liquidations occurred across the entire network in the past 24 hours.

CoinFeed reported on June 6th that, according to OKX market data, BTC rebounded after falling below $60,000, currently trading at $61,399.7, up 0.57% on the day. Meanwhile, Coinglass data shows that in the past 24 hours, the total liquidation amount for cryptocurrency contracts across the entire network reached $1.829 billion, including $1.459 billion in long positions and $371 million in short positions. The total liquidation amount for BTC was $620 million, and for ETH it was $496 million.