Over $1.11 Billion in Positions Liquidated Across Exchanges in Past 24 Hours

According to Coinglass data, over $1.11 billion in positions were liquidated across all exchanges in the past 24 hours, with long liquidations totaling $830 million and short liquidations reaching $280 million. A total of 234,992 traders were liquidated during this period.

Bitcoin saw $252 million in long liquidations and $166 million in short liquidations, while Ethereum experienced $173 million in long liquidations and $51.04 million in short liquidations. The largest single liquidation occurred on Hyperliquid with a BTC-USD position worth $16.20 million.