PANews reported on February 28 that according to Coinglass data, the entire network had a liquidation of US$31.6206 million in the past hour, with long positions liquidated at US$25.4996 million and short positions liquidated at US$6.121 million, of which BTC liquidated US$15.0573 million, ETH liquidated US$9.9234 million, and DOGE liquidated US$1.2933 million.