Over $100 million in crypto derivatives were liquidated within a single hour, with long positions bearing the brunt at $98.14 million, according to AiCoin. Ethereum (ETH) was significantly impacted, experiencing $326.5 million in liquidations, which accounted for 32.64% of the total. The price of ETH fell to $2,873.63, marking a 4.11% decline over the past 24 hours.