In the past hour, over $70 million was liquidated across the network, with BTC liquidations totaling $35.72 million

according to Coinglass data, that in the past hour, $73.3947 million was liquidated across the network, with long positions liquidated to the tune of $53.1487 million and short positions liquidated to the tune of $20.246 million.

Among these, BTC liquidations alone amounted to $35.72 million.