In just the past 4 short hours, the entire network directly saw liquidation orders totaling $226 million! What's the most outrageous? This wave of market movement is basically punishing the bears to the extreme. Long positions only liquidated less than $8 million, but short positions contributed a full $218 million. Simply put, this is called "a river of blood," and all this blood is flowing from the bears. Let's see who was hit the hardest: Bitcoin (BTC) remains the ruthless "bone crusher," accounting for $135 million in liquidations; Ethereum (ETH) was not willing to be outdone, with over $58 million worth of short positions wiped out.