In the past 24 hours, the total network contract has liquidated $222 million, mainly short positions

Coinglass data shows that in the past 24 hours, the total liquidation of contracts across the entire cryptocurrency market was $222 million USD. Of this, long positions accounted for $65.7996 million USD and short positions accounted for $156 million USD. The total amount of BTC liquidated was $53.6953 million USD, while ETH liquidations totaled $52.4058 million USD.