Over the last 24 hours, $222 million was liquidated in cryptocurrency futures contracts on the network, mainly impacting short positions

A total of $222 million in liquidations occurred, predominantly affecting short positions. In detail, $149 million was liquidated from shorts and $73.2154 million from longs, with Bitcoin (BTC) liquidations at $79.4915 million and Ethereum (ETH) at $45.471 million.