$253 million liquidated across the network in the past 4 hours, with ETH liquidation volume 3.28 times that of BTC

According to PANews, the total liquidation amount across the network in the past 4 hours reached $253 million. Among them, long positions were liquidated for $49.77 million, while short positions were liquidated for $203 million. BTC liquidations amounted to $35.64 million, and ETH liquidations were $117 million, with the liquidation volume of ETH approximately 3.28 times that of BTC.