In the past 24 hours, total contract liquidations across the network reached $285 million, mainly long positions

PANews reported on August 28 that data from Coinglass shows that in the past 24 hours, total liquidations across cryptocurrency futures contracts reached $285 million, of which long positions accounted for $160 million and short positions accounted for $125 million. BTC liquidations totaled approximately $96.6941 million, while ETH liquidations totaled approximately $47.3279 million.