In the past 24 hours, a total of $1.144 billion in contract liquidations occurred across the entire network, primarily involving long positions.

PANews reported on February 5th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $1.144 billion in the past 24 hours, including $1.008 billion in long positions and $137 million in short positions. The total liquidation amount for BTC was $588 million, and for ETH it was $237 million.

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