In the past 12 hours, contracts worth $205 million have been liquidated across the network, with a majority being long positions

Coinglass data shows that in the past 12 hours, the total liquidation of contracts across the cryptocurrency market was $205 million, with long positions accounting for $169 million and short positions accounting for approximately $35.73 million. The total amount of BTC liquidated was about $63.557 million, while ETH liquidations amounted to around $53.5105 million.