In the past 24 hours, $220 million in contracts were liquidated across the network, mainly long positions

Coinglass data shows that in the past 24 hours, the total liquidation of contracts in the cryptocurrency market reached $220 million, with long positions liquidated at $173 million and short positions at $46.6314 million. The total liquidation amount for BTC was $88.6503 million, and for ETH, it was $39.2107 million.