On October 16 (UTC+8), according to MyToken data, the entire cryptocurrency market experienced $242.00 million in contract liquidations in the past 24 hours. The total liquidation amount for BTC was $24.86 million, for ETH was $70.82 million, for SOL was $16.64 million, and for XRP was $5.42 million. (Source: MyToken) [MyToken]