Over $80 million in liquidations occurred across the entire network in the past hour, with $48.34 million in BTC liquidations.

According to Coinglass data, $80.26 million in positions were liquidated across the network in the past hour, including approximately $65.08 million in long positions and approximately $15.18 million in short positions. In addition, $48.34 million in BTC positions were liquidated and $16.23 million in ETH positions were liquidated.