Over the past hour, total liquidations across the network reached $378 million, with long positions accounting for the majority.

Odaily reports that, according to Coinglass data, total liquidations across the network over the past hour amounted to $378 million. Of this, long position liquidations totaled $349 million, while short position liquidations were $29.12 million. Additionally, BTC liquidations amounted to $164 million, and ETH liquidations reached $114 million.