According to Coinglass data reported on March 23, crypto liquidations reached $359 million over the past hour, including $264 million in short liquidations. This adds a new, shorter-term market update to the earlier 24-hour figures that showed $272 million in total liquidations, with long positions accounting for most of those losses. The latest data indicates a sharp reversal in which short traders absorbed the larger share of forced closures during the one-hour period.