Contracts across the network blew up by $124 million in the last 24 hours

According to Coinglass, the cryptocurrency market has seen $124 million in contract outages across the web in the last 24 hours, including $41,248,500 in long positions and $82,420,000 in short positions, $23.3 million in ETH outages and $42.8 million in BTC outages. In the last 24 hours, a total of 41,787 people had their positions blown out, with the largest single blown out order occurring on Bybit - BTCUSD valued at $88.093 million.