Massive 293 Billion Liquidation in Past Hour as Long Positions Dominate

Breaking news, according to Coinglass data, in the past 1 hour, a total of $2.49 billion has been liquidated across the entire network. Among them, long positions liquidated $2.84 billion, short positions liquidated $9.3712 million, with the main liquidation occurring in long positions. BTC liquidated $43.27 million, and ETH liquidated $40.80 million.