Over $43 million liquidated across the network in the past hour, with longs dominating
Market Trends
Odaily
According to Coinglass data, $43.12 million was liquidated across the network in the past hour, including $42.17 million in long positions and $940,000 in short positions. Bitcoin liquidations amounted to $14.31 million, and ETH liquidations reached $12.14 million.
AI Insights
Over $43M was liquidated in the past hour with longs dominating, which means a sharp price drop forced leveraged longs to unwind; because forced liquidation adds concentrated sell pressure and raises short-term volatility, BTC and ETH face short-term downward pressure (medium).
AI generated informational use. Not financial advice.