Over $60 million in liquidations occurred across the entire network in the past hour, with $43.39 million in BTC liquidations alone.

According to Coinglass data, $61.7106 million in positions were liquidated across the network in the past hour, with $59.7621 million in long positions and $1.9484 million in short positions. Of these, $43.39 million was liquidated in BTC and $15.85 million in ETH.