One hour of liquidations exceeding one billion dollars, the market is "forcing the direction"

In the past hour, total liquidations across the entire network reached $101 million, with short positions liquidated up to $97.07 million, and long positions only $3.54 million.

Breaking down by currency:

BTC liquidations totaled $80.39 million, ETH liquidations totaled $11.79 million.

Short positions were concentrated in liquidations, indicating that the market is pushing upward, with funds passively driving prices higher.

When liquidations begin to concentrate, the trend is often no longer natural fluctuations but driven by emotions and leverage together.

Some see the liquidation data, while others are already watching the next rhythm. #Gate上线Pre-IPOs #Gate现货衍生品双双冲进全球前三 #原油小幅上涨 $SOON #NOM