In the past 24 hours, a total of $1.662 billion in contract liquidations occurred across the entire network, primarily involving long positions.

PANews reported on February 6th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $1.662 billion in the past 24 hours, including $1.259 billion in long positions and $403 million in short positions. The total liquidation amount for BTC was $856 million, and for ETH it was $327 million.
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Author: PA一线

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