In the past 1 hour, a total of $112 million was liquidated across the network, mainly long positions

According to Coinglass data, in the past hour, a total of $112 million was liquidated across the network. Of this amount, long positions accounted for $108 million and short positions made up $3.9836 million. The majority were long position liquidations with ETH accounting for $38.2874 million and BTC making up $31.8914 million.