Market volatility! In the past hour, the total liquidations across the entire network reached $534 million, with long positions bearing the heaviest pressure, totaling $514 million, while short liquidations amounted to only $19.726 million. In terms of asset distribution, BTC liquidations were the most severe at $135 million, followed by ETH at $88.53 million, indicating that mainstream cryptocurrencies are under the greatest pressure.

What’s even more noteworthy is the cumulative data over the past 24 hours — a total of 238,306 traders have been liquidated worldwide, with total liquidation amount rising to $683 million. This high frequency of forced closures reflects extreme market sentiment volatility, and leverage positions are facing severe tests. Traders should be vigilant about risk exposure; managing positions and leverage ratios reasonably is the key to long-term survival.