TechFlow reported that within the past four hours, the total liquidation across the entire market reached $103 million, with $54.65 million in long positions and $48.14 million in short positions liquidated. Bitcoin (BTC) accounted for $60.58 million in liquidations, while Ethereum (ETH) saw $16.47 million.
Reportedly, at around 5:00 a.m. today, due to the compromise of the SEC's official X account, BTC briefly spiked to $48,023.7 before dropping to $44,641. The current price stands at $46,196.1.
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