Coinglass Reports $51.2905M Crypto Liquidations (forced closing of leveraged trades)—Longs Dominate 4-Hour Window

According to Coinglass (crypto market data site), total liquidations (forced closing of leveraged trades) hit $51.2905M in four hours, with $42.8110M from long positions (bets on price rise) and $8.4795M from shorts (bets on price fall); BTC and ETH were $18.91M and $17.43M.