In the past 24 hours, a total of $237 million in contract liquidations occurred across the entire network, primarily affecting short positions.

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PANews
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PANews reported on December 17th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $237 million in the past 24 hours, including $84.756 million in long positions and $152 million in short positions. The total liquidation amount for BTC was $95.3725 million, and for ETH it was $57.4295 million.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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