According to Coinglass, hourly crypto liquidations rose to $163 million, with short positions making up the bulk of forced closures as Bitcoin and Ethereum recorded the largest losses.
According to Coinglass, crypto liquidations reached $163 million in the past hour. Short positions accounted for $144 million of the total, indicating that most forced closures hit traders betting on price declines. Bitcoin recorded $88.71 million in liquidations, while Ethereum saw $52.93 million.