Over the past hour, total liquidations across the network exceeded $50 million, with BTC liquidations reaching $11.27 million

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