Market bloodbath! In just one hour, the entire network liquidated more than $100 million, and bulls were slaughtered!
According to Coinglass data, the crypto market has experienced another shock in the past hour, with the total liquidation amount reaching $101 million! Among them, the scale of long orders liquidation was astonishing, reaching $99.306 million, occupying the absolute main force; while the short order liquidation was $1.7116 million, which seemed insignificant.
In the long-short duel, who will be the winner?
From the data, the bulls have obviously suffered a precise blow, and the wave of forced liquidation has swept the entire network. Although the shorts have suffered less losses, the subsequent trend is still full of suspense. The market gradually cleans up the high-leverage chips during the shock, accumulating energy for subsequent price fluctuations.
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