In the past 24 hours, there has been a total of $277 million in liquidations across the network, with long positions taking the biggest hit.

BlockBeats News: On December 31, according to Coinglass data, the total value liquidated across the entire network in the past 24 hours reached $277 million. Long positions accounted for $185 million of the liquidations, while short positions accounted for $92.16 million.