PANews reported on January 16th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $1.861 billion in the past 24 hours, including $1.752 billion in long positions and $110 million in short positions. The total liquidation amount for BTC was $1.654 billion, and the total liquidation amount for ETH was $53.1967 million.
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