Over the past hour, total liquidations across the network exceeded $75 million, with longs being the primary focus.

Svmuu reports that Coinglass data shows total liquidations across the network reached $75.91 million in the past hour, including $68.97 million in long liquidations and $6.93 million in short liquidations. Additionally, BTC liquidations reached $26.94 million, and ETH liquidations reached $19.94 million.