In the past 24 hours, a total of $295 million in contract liquidations occurred across the entire network, primarily involving long positions.

PANews reported on December 6th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $295 million in the past 24 hours, including $232 million in long positions and $62.7719 million in short positions. The total liquidation amount for BTC was $109 million, and for ETH it was $67.581 million.