According to a ChainCatcher report citing Coinglass data, total liquidations across the crypto market reached $91.5103 million over the past 24 hours. Long positions accounted for $48.4514 million of the total, while short positions accounted for $43.0589 million. Liquidation generally refers to the forced closing of leveraged positions when margin requirements are no longer met.
Among major crypto assets, Bitcoin-related long liquidations totaled $3.6984 million, while Bitcoin short liquidations reached $7.7529 million. For Ethereum, long liquidations stood at $3.0752 million, and short liquidations totaled $3.6574 million, based on Coinglass liquidation tracking.
The data also shows that 72,107 traders worldwide were liquidated during the same 24-hour period. The largest single liquidation order occurred on Hyperliquid in the HYPE-USD pair, with a value of $721,500.