Over the past hour, total liquidations across the network exceeded $200 million, mainly liquidating long positions.

According to Odaily, Coinglass data shows that in the past hour, total liquidations across the network reached $199 million, with long position liquidations at $208 million, short position liquidations at $2.68 million, long position liquidations at $205 million, and BTC liquidations amounting to $59.41 million.