In the past 24 hours, a total of $314 million in contract liquidations occurred across the entire network, primarily involving long positions.

PANews reported on May 27th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $314 million in the past 24 hours, including $273 million in long positions and $40.9837 million in short positions. The total liquidation amount for BTC was $103 million, and the total liquidation amount for ETH was $53.943 million.