$132 Million in Liquidations Across the Network in the Past 24 Hours, Both Long and Short Positions Affected

May 2 news, according to Coinglass data, in the past 24 hours, the cryptocurrency market saw a total liquidation of $132 million in contracts across the network, with long positions liquidated at $71.1177 million and short positions at $61.1943 million. The total liquidation amount for BTC was $33.9769 million, and for ETH, it was $24.1828 million.