Over $70 million in liquidations occurred across the entire network in the past hour, with over $25 million in BTC liquidations.

According to Coinglass data, approximately $71.25 million in positions were liquidated across the network in the past hour, including $70.07 million in long positions and $1.18 million in short positions. In addition, $25.01 million in BTC positions were liquidated and $21.21 million in ETH positions were liquidated.