In the past hour, Bitcoin liquidations reached $57.6 million, with total network liquidations at $121 million

Odaily reports, according to Coinglass data, total network liquidations in the past hour reached $121 million, of which long positions accounted for $55.49 million and short positions accounted for $65.31 million. In addition, Bitcoin liquidations amounted to $57.6 million, while Ethereum liquidations reached $38.93 million.