4 hours saw liquidations of 138 million! The longs were taken out—are you in it too? In the just-passed 4 hours, the market directly put on a “harvesting operation” scene—liquidations across the entire network totaling 138 million, of which long positions were liquidated at 127 million (the overwhelming majority), while short positions were only liquidated at 11.19 million. The key points: ETH liquidations hit 46.69 million, and BTC liquidations hit 45.74 million.