Over the past hour, $466 million was liquidated across the network, with short positions accounting for approximately $379 million in liquidations

Odaily reports: CoinGlass data shows that over the past hour, $466 million was liquidated across the network, of which long positions accounted for $87.016 million and short positions approximately $379 million, with short liquidations making up about 81.3%.

Over the past 24 hours, a total of 115,731 traders were liquidated across the network, with total liquidations reaching $903 million, including $355 million in long liquidations and $548 million in short liquidations. The largest single liquidation occurred on HTX's ETH-USDT trading pair, valued at approximately $37.9991 million.