In the past hour, liquidations across the entire network reached $316 million, mainly long positions.

According to Jinse Finance, data from Coinglass shows that in the past hour (UTC+8), the total amount of liquidations in the cryptocurrency market reached $316 million, of which long positions accounted for $307 million and short positions accounted for $8.1682 million. Bitcoin liquidations amounted to $192 million, while Ethereum liquidations reached $52.613 million.