Over $30 Million in Liquidations Across the Network in the Past Hour, Predominantly Long Positions

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Data: If ETH breaks through $3,647, the cumulative short liquidation intensity on major CEXs will reach $1.248 billion.

Data: In the past 24 hours, total liquidations across the network reached $424 million, with long positions liquidated for $290 million and short positions for $134 million.