In the past 4 hours, total liquidations across the network reached $123 million, mainly long positions.

PANews reported on February 16 that, according to Coinglass data, the total liquidations across the network in the past 4 hours reached $123 million, with long positions liquidated for $92.4756 million and short positions for $30.2804 million. In addition, bitcoin liquidations amounted to approximately $69.51 million, while ethereum liquidations reached about $26.08 million.