Data: US $46.32 million was cleared in the past hour

It is reported that according to Coinglas, US $46.32 million has been liquidated in the past hour. Among them, $26 million of clearing came from Bitcoin transactions, and the other $11 million came from ETH. In the past day, 49562 traders were cleared, totaling $159.17 million. The largest single clearing occurred in the XBTUSD transaction of BitMEX, with the amount of 6.49 million US dollars.

Interpretation of this information:

The cryptocurrency market seems to be experiencing a large amount of liquidation in the past hour, with a total of $46.32 million being liquidated. This is a significant amount and indicates that there may be some volatility in the market. Bitcoin has contributed the most to this liquidation, with $26 million being cleared from Bitcoin transactions, followed by $11 million from ETH.

The past 24 hours have also seen a significant amount of liquidation, with a total of $159.17 million being cleared across 49,562 traders. This indicates that there may be larger market forces at play, and suggests that traders may be feeling the effects of increased market volatility.

One interesting note is that the largest single clearing occurred in the XBTUSD transaction of BitMEX, with a substantial $6.49 million being cleared. This may indicate that there is some specific activity in the BitMEX market that is driving market forces.

Overall, this data suggests that the cryptocurrency market is experiencing some significant volatility, and traders should be cautious when making decisions. It may be wise to closely monitor market trends and indicators to help assess any risks and opportunities present in the market.