PANews reported on December 22 that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $30.0394 million in the past four hours, including $14.4103 million in long positions and $15.6291 million in short positions. The top two cryptocurrencies by liquidation amounted to $6.5179 million and $5.0836 million respectively.

Market data shows that the price of LIGHT tokens plummeted by approximately 80% in the early hours of today, from $4.6 to less than $0.8. The price of BEAT tokens also experienced significant volatility in the early morning.