$151 Million in Liquidations Across the Network in the Past Hour, Mainly Long Positions

According to a report by Jinse Finance citing Coinglass data, liquidations across the entire network reached $151 million in the past hour, with long positions accounting for $141 million and short positions for $9.7351 million. In the past 24 hours, a total of 175,828 traders were liquidated globally, with total liquidations amounting to $509 million. The largest single liquidation occurred on a certain exchange in the ETHUSDT pair, valued at $3.9652 million.