In the past 1 hour, the entire network has liquidated $31.58 million, with short positions being the main ones liquidated

According to Coinglass data, in the past 1 hour, there were liquidations totaling $31.58 million across the entire network, with Bitcoin liquidations amounting to $21.57 million and the largest short position being liquidated at $20.48 million. Additionally, in the past 24 hours, total liquidations amounted to $333 million across the network, with long positions being liquidated at $224 million and short positions at $108 million.