$346 million in liquidations across the entire network in the past 24 hours, primarily long positions liquidated

PANews January 7 news, Coinglass data shows that in the past 24 hours, the entire cryptocurrency market experienced liquidations of $346 million in contracts, with long positions liquidated amounting to $282 million and short positions liquidated amounting to $63.47 million. The total liquidation amount for BTC is $69.59 million, and for ETH, it is $59.68 million.