In the past 24 hours, contracts worth $62.51 million have been liquidated across the network, with a majority being long positions

Coinglass data shows that in the past 24 hours, a total of $62.51 million was liquidated across the entire cryptocurrency market, affecting 34,762 individuals. Of this amount, long positions accounted for $45.18 million and short positions made up $17.32 million. The total amount liquidated for BTC was approximately $7.39 million while ETH saw a total of about $14.56 million in liquidations.