In the past 24 hours, contracts worth $175 million have been liquidated across the network, mainly short positions

Coinglass data shows that in the past 24 hours, the total liquidation of contracts across the cryptocurrency market was $175 million. Of this, long positions accounted for a liquidation of $41.7382 million and short positions accounted for a liquidation of $133 million. The total amount of BTC liquidated was $48.5426 million, while ETH had a total liquidation amount of $45.2985 million.