According to Foresight News, data from Coinglass reveals that liquidations across the cryptocurrency market reached $113 million within the past hour. Long positions accounted for $109 million of the liquidations, while short positions made up approximately $3.94 million. Bitcoin experienced liquidations of around $13.15 million, Ethereum saw liquidations of about $15.94 million, and PEPE had liquidations of approximately $5.56 million.