According to PANews, Coinglass data showed that in the past 24 hours, the cryptocurrency market's entire network of contracts had a liquidation of US$434 million.

Among them, long positions were liquidated for US$278 million and short positions were liquidated for US$156 million.

The total amount of BTC liquidation is US$107 million, and the total amount of ETH liquidation is US$55.3519 million.