Virtual Asset Forced Liquidations Hit $115 Million in One Hour, 95% Longs

Forced liquidations totaling $115 million (approximately KRW 154.9 billion) occurred in the global virtual asset market within one hour. Long position liquidations accounted for approximately 95% of the total, amounting to $109 million (around KRW 146.7 billion). Odaily reported that CoinGlass data showed short position liquidations at $6.0269 million (about KRW 8.1 billion). Bitcoin (BTC) liquidations totaled approximately $41 million (roughly KRW 55.2 billion), while Ethereum (ETH) liquidations were around $40.4 million (approximately KRW 54.5 billion), representing about 71% of the total.