In the past hour, total liquidations across the network exceeded $50 million, with Bitcoin liquidations reaching $21.33 million

Odaily Planet Daily News: According to Coinglass data, total liquidations across the network in the past hour amounted to $51.64 million, of which long position liquidations were $50.39 million and short position liquidations were $1.24 million. Additionally, Bitcoin liquidations reached $21.33 million, while Ethereum liquidations hit $10.64 million.