Over $30 million in liquidations occurred across the entire network in the past hour, with approximately $16.05 million of that liquidation occurring in the Ethereum (ETH) market.

According to data from Coinglass, as reported by Odaily Planet Daily, a total of $33.3878 million in positions were liquidated across the network in the past hour. Among them, $25.8221 million were long positions and $7.5657 million were short positions. In addition, $16.05 million of ETH and $9.17 million of BTC were liquidated.