$BTC $ETH

The past hour has seen a thrilling "wealth reshuffling" in the cryptocurrency market,

with a total liquidation amount reaching as high as $309 million, it's simply a "liquidation storm"!

Among this, the liquidation amount for long positions reached $302 million, while the short position liquidations were relatively low at $7.8916 million.

This wave of liquidations has left countless investors' wealth instantly "turned to ashes", truly astonishing!

According to CoinGlass data, these liquidation figures are quite shocking, with long position liquidations dominating, and the reasons behind this are worth pondering.

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