In the past 24 hours, a total of $1.561 billion in contract liquidations occurred across the entire network, primarily involving long positions.

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PANews reported on June 4th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $1.561 billion in the past 24 hours, including $1.306 billion in long positions and $255 million in short positions. The total liquidation amount for BTC was $703 million, and for ETH it was $329 million.
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