In the past hour, the whole network sold more than 100 million dollars

According to the report, according to the data of Coinglas, the total net exposure was US $107 million in the past hour, BTC exposure was US $5339, and ETH exposure was US $3262.

Interpretation of this information:

The message reveals information regarding the net exposure, BTC exposure, and ETH exposure over the past hour as recorded by Coinglas. The total net exposure of US $107 million indicates the total amount of potential risk exposure of traders in the crypto market at the given time. Net exposure is calculated by subtracting the total value of a trader’s short positions from the total value of their long positions. This record suggests that traders have closed more long positions than they have opened over the past hour, leading to a decrease in net exposure.

The BTC exposure of US $5339 indicates the total amount of long positions in Bitcoin that traders were holding during the given period. This number is calculated by multiplying the current Bitcoin price by the total number of long positions. An increase in BTC exposure may signify that traders are bullish on Bitcoin and expecting its price to rise in the near future.

Similarly, the ETH exposure of US $3262 indicates the total amount of long positions in Ethereum held by traders. This number is calculated by multiplying the current Ethereum price by the total number of long positions. An increase in ETH exposure may indicate that traders are optimistic about the future prospects of Ethereum and expect its value to rise.

In general, these numbers may provide insights into the overall market sentiment and the positions that traders are holding. High net exposure and high exposure to a particular cryptocurrency may indicate a bullish market, whereas low net exposure and low exposure to a specific cryptocurrency may suggest a bearish market.