Over $70 million in liquidations occurred across the entire network in the past hour, with over $25 million in BTC liquidations.

According to data from Coinglass, as reported by Odaily Planet Daily, approximately $71.25 million in positions were liquidated across the network in the past hour. Of this, $70.07 million were long positions and $1.18 million were short positions. In addition, $25.01 million were liquidated in BTC and $21.21 million in ETH.