In the past 24 hours, $272 million in contracts were liquidated across the network, primarily short positions

PANews reported on May 21 that, according to Coinglass data, the cryptocurrency market saw $272 million in liquidations across the network in the past 24 hours, with a total of 70,556 people liquidated. Long positions accounted for $70.2039 million, while short positions accounted for $202 million. The total liquidation amount for BTC was approximately $80.5577 million, and for ETH, it was $90.1775 million.