In the past hour, the total liquidation across the network amounted to approximately $550 million, with ETH liquidations at $180 million.

According to Coinglass, in the past hour, the total liquidation amount in the cryptocurrency market reached approximately $549 million, with short liquidations amounting to $31.846 million, while long liquidations totaled $517 million. The liquidation amount for ETH was $180 million, while BTC's liquidation amount was $112 million.