In the past hour, $230 million in positions were liquidated across the entire network, with a single BTC long position on Hyperliquid resulting in a liquidation of $96.51 million.

According to data from Coinglass, as reported by Odaily Planet Daily, $230 million in positions were liquidated across the network in the past hour, including $211 million in long positions and $19.55 million in short positions.

It's worth noting that the largest single liquidation order in the past 24 hours occurred on the Hyperliquid platform, a BTC-USD trade worth a staggering $96.5116 million. This data indicates that the market experienced significant volatility in a short period, resulting in a major impact on long positions. (Coinglass)