Contract market volatility: Over $100 million liquidated in 24 hours, long and short positions both wiped out

【Crypto World】Yesterday's market experienced another significant wave. According to data, the total liquidation amount in the crypto market contracts over the past 24 hours reached $109 million — a substantial figure. Among them, longs were liquidated for $62.38 million, and shorts didn't fare much better, losing $46.76 million.

BTC and ETH, as the two main drivers of the market, suffered the most severe liquidations. BTC alone contributed $30.42 million in liquidations, while ETH accounted for $21.95 million. During such periods of high volatility, many stop-loss orders were triggered.

Market conditions are like this: risks and opportunities often appear simultaneously. Whether you're long or short, you need to stay alert and vigilant in this market rhythm.