In the past 24 hours, the total contract liquidation across the network was $48.4584 million, with the majority being short positions.

PANews reported on August 11 that according to Coinglass data, the total contract liquidation in the cryptocurrency market over the past 24 hours was $48.4584 million, of which $14.9942 million was long position liquidation and $33.4642 million was short position liquidation. The total BTC liquidation amount was $9.0702 million, and the total ETH liquidation amount was $13.9927 million.

[The total contract liquidation in the past 24 hours was $48.4584 million, mainly short positions.]

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