In the past 4 hours, Ethereum's entire network faced a $119 million liquidation event, led by a large long position liquidation.

BlockBeats News, March 11th, according to Coinglass data, in the past 4 hours, Ethereum's total network liquidation volume reached $119 million, surpassing Bitcoin's ($104 million), with long liquidations totaling $112 million and short liquidations totaling $6.72 million.