Over $55 million in liquidations occurred across the entire network in the past hour, including $37.08 million in BTC liquidations.

According to data from Coinglass, as reported by Odaily Planet Daily, $55.3424 million in positions were liquidated across the network in the past hour, mainly long positions. Among them, $37.08 million in BTC positions were liquidated and $10.13 million in ETH positions were liquidated.