In the past 24 hours, the total network contract liquidation was US$525 million, mainly due to the short position

CoinFeed reported on August 2nd that Coinglass data showed that over the past 24 hours, the cryptocurrency market saw $525 million in liquidated contracts across the network, including $57.7983 million in long positions and $467 million in short positions. BTC liquidations totaled $110 million, and ETH liquidations totaled $196 million.