In the past 24 hours, total contract liquidations across the network amounted to $431 million, primarily long positions.

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PANews reported on May 15th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $431 million in the past 24 hours, including $341 million in long positions and $90.1471 million in short positions. The total liquidation amount for BTC was $111 million, and for ETH it was $90.7872 million.
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Machi closed out most of his long positions in ETH and BTC, incurring a cumulative loss of nearly $32 million.
PANews Newsflash