Over the past hour, more than $50 million in liquidations have occurred across the entire network, with ETH liquidations reaching $22.8 million.

According to Coinglass data, $50.17 million in positions were liquidated across the network in the past hour, including approximately $35.42 million in short positions and approximately $14.75 million in long positions. In addition, $22.8 million in ETH positions were liquidated and $17.36 million in BTC positions were liquidated.