$320 million Get Liquidated in 4 hours, long positions account for over 90%

[Block Rhythm] On December 1st, the market experienced another wave of liquidations. In the last 4 hours, the total liquidation amount across the network reached $320 million. Long positions suffered heavy losses, with liquidation funds reaching $296 million, accounting for over 90%; short positions fared somewhat better, with liquidations of about $24.39 million. It seems that this wave of market movements caught long positions off guard, and leveraged players suffered significant losses in the one-sided trend.