In the past 24 hours, contracts worth $272 million have been liquidated across the entire network, primarily short positions

According to Coinglass data, the cryptocurrency market has seen a total liquidation of $272 million across the entire network in the past 24 hours, with 70,556 people being liquidated. Of this, long positions accounted for a liquidation of $70.2039 million and short positions accounted for a liquidation of $202 million. The total amount of BTC liquidations was approximately $80.5577 million and ETH saw total liquidations worth around $90.1775 million.