Bitcoin's gains lag behind US stock indices; in the past hour, SanDisk contract liquidations reached $4.34 million, surpassing ETH data for the same period.

November 9th, according to Coinglass data, in the past 1 hour, the total liquidation across the network was $25.41 million, of which long positions liquidated $3.34 million, and short positions liquidated $22.07 million.

It is worth noting that as of press time, the U.S. Dow Jones Industrial Average rose 1.68%, the S&P 500 rose 1.92%, and the Nasdaq 100 rose 2.71%, but after the U.S. stock market opened, Bitcoin only rose 1%, causing this round of short liquidations to mostly occur in U.S. stock contract targets, including SanDisk ($4.34 million), SOXL ($2.53 million + $920,000), etc.