In the past 24 hours, total contract liquidations across the network amounted to $436 million, primarily short positions.

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PANews reported on May 4th that, according to CoinAnk data, the total liquidation amount for cryptocurrency futures contracts across the entire network reached $436 million in the past 24 hours, including $141 million in long positions and $296 million in short positions. The total liquidation amount for BTC was $204 million, and for ETH it was $106 million.
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Coinbase makes a strategic investment in Kemet and integrates its derivatives trading with its institutional-grade execution platform.
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