Data: In the past 4 hours, the total liquidation across the network reached 41.51 million USD, mainly from short positions

According to Coinglass data, in the past 4 hours, the total liquidation across the network was $41.51 million, with long positions liquidated at $8.13 million and short positions liquidated at $33.38 million.

In the past 24 hours, a total of 130,590 people were liquidated globally, with a total liquidation amount of $422 million. The largest single liquidation occurred on Bitfinex - tBTCF0:USTF0, valued at $12.85 million.