Over $39 million in liquidations occurred across the entire network in the past hour, with approximately $13.34 million of those liquidations occurring in the Ethereum network.

According to data from Coinglass, as reported by Odaily Planet Daily, a total of $39.8618 million in positions were liquidated across the network in the past hour. Among them, $26.2213 million were long positions and $13.6406 million were short positions. In addition, $13.34 million were liquidated in ETH and $13.16 million in BTC.