Liquidations Across the Entire Network Reach $26.726 Million in the Past Hour, with Longs Accounting for 96.8%

According to Coinglass data, liquidations across the entire network amounted to $26.726 million in the past hour, with long positions contributing $25.873 million to the total, while short positions contributed $0.8528 million. Long liquidations account for 96.8% of the total. Bitcoin is currently priced at $42,215, with a 24-hour decrease of 53%