The past 24 hours saw $179 million in contract liquidations across the entire network, with long positions being the main cause of the liquidations.
PANews reported on August 12 that according to Coinglass data, the total contract liquidation in the cryptocurrency market over the past 24 hours was $179 million, of which $137 million was long position liquidation and $41.28 million was short position liquidation. The total BTC liquidation amount was $48.87 million, and the total ETH liquidation amount was $45.59 million.
[The total contract liquidation in the past 24 hours was $179 million, mainly long positions.]