Crypto market just saw a massive wave of liquidations—over $61 million in long positions got wiped out across the board in just one hour. That's a significant chunk of leveraged bets unwinding all at once. When you see this kind of volume spike in the liquidation pools, it usually signals either a sharp price drop triggering stop-losses, increased leverage pressure, or maybe some whale movement shaking up the order books. Traders watching the hourly charts are probably seeing red candles and margin calls stacking up. This kind of action tends to create volatility spikes, so if you're monitoring positions or looking for trading opportunities, keeping an eye on these liquidation trends can be pretty telling about where the market's heading next.