In the past hour, total liquidations across the network approached $50 million, with ETH liquidations reaching $30.96 million

According to Coinglass data, total liquidations across the network in the past hour amounted to $49.16 million, of which short position liquidations were $42 million and long position liquidations were $7.16 million. Additionally, ETH liquidations reached $30.96 million, ZEC liquidations were $1.95 million, and BTC liquidations amounted to $5.32 million.