In the past 1 hour, a total of 48 million US dollars has been liquidated across the network, with more than 45 million US dollars in long positions being liquidated

According to Coinglass data, in the past hour, a total of 48.31 million US dollars were liquidated across the network. Long positions accounted for 45.54 million US dollars and short positions made up 2.79 million US dollars of this amount. BTC liquidations amounted to 26.88 million US dollars, ETH liquidations were at 5.92 million US dollars, and SOL liquidations reached 1.77 million US dollars.