In the past hour, Bitcoin liquidations exceeded $60 million, with total liquidations across the network reaching $230 million

Odaily reports, according to Coinglass data, total liquidations across the network amounted to $230 million in the past hour, of which long liquidations were $223 million and short liquidations were $7.35 million. In addition, ETH liquidations reached $59.91 million, and BTC liquidations reached $60.88 million.