In the past 24 hours, the total liquidation of crypto futures contracts reached $603 million, mainly short positions.

CoinFeed reported on June 8th that, according to Coinglass data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $603 million in the past 24 hours, including $143 million in long positions and $460 million in short positions. The total liquidation amount for BTC was $279 million, and for ETH it was $168 million.