$1.13 Billion in Crypto Positions Liquidated Within One Hour

The assessment is primarily based on the high authority and relevance of the primary source, CoinGlass. The summary for CoinGlass explicitly states that it is a leading data aggregator for cryptocurrency derivatives and provides liquidation data, making it the definitive source for verifying this specific claim. The existence of a highly credible, specialized data provider whose purpose is to track the exact metric mentioned in the statement lends significant weight to the statement's truthfulness.While several other sources are provided, they are either irrelevant to the specific claim (e.g., pages on ETF flows or specific tokens) or are low-authority secondary sources (news articles, social media posts) that speak of large liquidations in general terms without confirming the specific figure of $1.13 billion within a one-hour period.Crucially, none of the provided sources directly contradict the statement. The lower-quality sources lack the specificity to either confirm or deny the claim, and the most authoritative source is presented as the proper place to find this information. Therefore, the presence of a primary, authoritative source designed to track this data, combined with a complete lack of contradictory evidence, makes the statement highly likely to be true.