Over $100 million in liquidations across the internet in the past four hours, primarily short positions were liquidated.

According to Coinglass data, total liquidations across the network reached $108 million in the past 4 hours, including $100 million in short positions and $7.65 million in long positions. In addition, approximately $35.93 million in BTC and approximately $40.53 million in ETH were liquidated.