PANews reported on January 12 that Coinglass data showed that in the past 24 hours, the cryptocurrency market had a total contract liquidation of $121 million, of which $58.9325 million was liquidated for long orders and $61.7628 million was liquidated for short orders. The total amount of BTC liquidation was $17.9735 million, and the total amount of ETH liquidation was $16.7281 million.