In the past 24 hours, the cryptocurrency market contracts exploded with $927 million, long and short positions both burst.

Coinglass data shows that in the past 24 hours, the entire cryptocurrency market saw a total liquidation of contract positions worth $927 million, with long positions liquidating $462 million and short positions liquidating $465 million. The total liquidation amount for BTC was $173 million and for ETH was $259 million.