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In the past hour, over $43 million was liquidated across the entire network, with long positions being the main liquidations

Odaily reports, according to Coinglass data, in the past 1 hour, $43.12 million was liquidated across the entire network, of which long positions accounted for $42.17 million and short positions accounted for $940,000. Bitcoin liquidations reached $14.31 million, and ETH liquidations reached $12.14 million.