PANews reported on November 12 that Coinglass data showed that in the past 24 hours, the cryptocurrency market had a total contract liquidation of $1 billion, of which $528 million was for long orders and $472 million was for short orders. The total liquidation amount of BTC was $316 million and the total liquidation amount of ETH was $134 million.

In the past 24 hours, the total network contract liquidation was 1 billion US dollars, and both long and short positions were liquidated