In the past 24 hours, the total liquidation amount in the cryptocurrency market contracts reached 220 million USD, with long positions liquidated at 173 million USD and short positions at 46.63 million USD. Bitcoin ($BTC) liquidations amounted to 88.65 million USD, while Ethereum ($ETH) liquidations totaled 39.21 million USD. The data source is Coinglass, reported by PANews on May 5.