#ETH contract liquidation exceeds $100 million#

The recent ETH contract liquidation event has drawn attention. Data shows that the total contract liquidation amount across the entire network reached $111 million in the past 24 hours, with $69.72 million in short positions liquidated, accounting for 62.7% of the total liquidation amount. In the past hour, the total contract liquidation amount across the entire network also reached $10.98 million, with $10.66 million in short positions liquidated, accounting for 97.05% of the total liquidation amount. This means that short sellers have suffered greater losses during recent ETH price fluctuations. Although ETH prices have risen by 1.24% in the past 24 hours, they have fallen by 1.32% in the past hour, which may have led to the rapid closing of short positions, triggering massive liquidations. It is important to note that these data are for reference only and actual liquidation situations may vary.