In the past hour, total liquidations across the network reached $165 million, with ETH liquidations amounting to $104 million

According to Coinglass data, total liquidations across the network in the past hour reached $165 million, including $138 million in short liquidations and $27.22 million in long liquidations. Additionally, Ethereum liquidations reached $104 million, while Bitcoin liquidations amounted to $50.2 million.