In the past hour, liquidations across the network exceeded $50 million, with BTC liquidations reaching $11.27 million.

According to Coinglass data, total liquidations across the network in the past hour amounted to $50.08 million, with long liquidations at $40.8 million and short liquidations at $9.28 million. Additionally, BTC liquidations reached $11.27 million, and ETH liquidations reached $5.43 million.