In the past 24 hours, the entire cryptocurrency market experienced contract liquidations totaling 5.29 billion US dollars with both long and short positions being liquidated.

Data shows that in the past 24 hours, the total amount of liquidations in the cryptocurrency market's futures contracts reached $529 million, with long positions liquidated at $300 million and short positions liquidated at $230 million. The total amount of liquidations for BTC was $67.362 million, while the total amount for ETH was $213 million.