In the past hour, the entire network has liquidated $650 million, with the largest single liquidation approximately $13.39 million.

Odaily Planet Daily reports that Coinglass data shows that in the past hour, the total liquidated contract amount across the entire network was approximately $650 million, including about $630 million in long positions and approximately $22.99 million in short positions. The largest single liquidation occurred in Hyperliquid’s ETH position, amounting to about $13,389,900.