In the past hour, total liquidations across the network reached 53.3 million USD, primarily driven by short positions

PANews, December 16 news, Coinglass data shows that in the past hour, the entire cryptocurrency market experienced liquidations totaling 53.3 million USD, with long positions liquidated at 1.7 million USD and short positions liquidated at 51.8798 million USD. The total liquidation amount for BTC is 25.5029 million USD, and for ETH, it is 10.1561 million USD.