In the past 24 hours, total contract liquidations across the network reached 348 million USD, with both longs and shorts getting liquidated.

PANews October 12 news, CoinGlass data shows that in the past 24 hours, the total contract liquidations across the cryptocurrency market were $348 million, of which long liquidations were $195 million and short liquidations were $152 million. BTC total liquidations were $83.564 million, and ETH total liquidations were $76.4618 million. The largest single liquidation order occurred on HYPERLIQUID-BTC-USD, valued at $4.8883 million.

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In the past 24 hours, total contract liquidations across the network reached $188 million, with long positions dominating the liquidations.

New Ethereum draft proposal would allow wallets to permanently disable EIP-7702 delegation

Analyst: Bitcoin is testing short-term holders' cost basis; compared with the FTX collapse, Bitcoin is more resilient now.

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