Crypto Liquidations Hit $68M in One Hour as Longs Account for $63.8M

Network liquidations surged to $68.18M in the last hour, with long positions dominating losses at $63.81M. BTC and ETH accounted for significant portions of the cleared value.

Woofun AI data shows that total network liquidations reached $68.18 million over the past hour. Long positions absorbed $63.81 million of these losses, while shorts faced $4.37 million in liquidations. BTC-related losses totaled $24.14 million, and ETH-related losses amounted to $19.42 million.