Over the past four hours, more than $55 million in liquidations have occurred across the entire network, with nearly $30 million in liquidations occurring in Bitcoin alone.

According to Coinglass data, $55.7779 million in positions were liquidated across the entire network in the past 4 hours, with $7.4048 million in long positions and $48.373 million in short positions. Among them, $29.55 million in BTC positions were liquidated and $15.01 million in ETH positions were liquidated.