In the past 24 hours, the total network contract liquidation was US$354 million, mainly due to the short position

PANews reported on August 5th that Coinglass data showed that over the past 24 hours, the cryptocurrency market saw $354 million in liquidated contracts across the network, including $129 million in long positions and $225 million in short positions. The total liquidation amount for BTC was $60.0416 million, and the total liquidation amount for ETH was $128 million.