In the past 24 hours, $216 million in contracts were liquidated across the network, mainly long positions

PANews reported on May 6 that according to Coinglass data, the cryptocurrency market saw a total of $216 million in liquidations across the network in the past 24 hours, with long positions liquidated amounting to $157 million and short positions liquidated amounting to $58.6091 million. The total liquidation amount for BTC was $37.1531 million, and for ETH, it was $48.0503 million.