Over $55 million in liquidations occurred across the entire network in the past hour, including $23.09 million in ETH liquidations.

According to data from Coinglass, as reported by Odaily Planet Daily, a total of $55.834 million in positions were liquidated across the network in the past hour. Among them, $52.6546 million were long positions and $3.1794 million were short positions. In addition, $23.09 million were liquidated in ETH and $18.39 million in BTC.