Leveraged long positions worth $102.5 million were force-closed in the past hour. CoinGlass counts $107.7 million of liquidations in that hour. Shorts were only $5.2 million, so nearly all of it was longs. The past four hours are $198 million, and $189 million of that was longs. Over 24 hours the total is $434 million across 91,891 traders. Longs account for $381 million. the largest single order was $11.82 million on Binance’s BTCUSDT pair. That is one leveraged bitcoin position being closed, not a spot investor selling coins. When margin runs out, the exchange sells the long. That sale can push the next long into the same close. $102.5 million is the past hour. $434 million is the full day. Shorts are a small share of both. The forced selling is coming from longs that were already open. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# $BTC $ETH