Data compiled by Woofun AI shows that total cryptocurrency liquidations surged to $928 million over the past 24 hours, with long positions accounting for $838 million of the total compared to $89.1356 million in short liquidations. Bitcoin (BTC) experienced $69.6679 million in liquidations, split between $33.8 million in longs and $35.8679 million in shorts. Ethereum (ETH) faced $439 million in liquidations, comprising $24 million in longs and $19.8842 million in shorts, while Solana (SOL) recorded $43.0856 million, dominated by $40.9132 million in long liquidations.

A total of 153,066 traders were liquidated during this period. The largest single liquidation event occurred on the BTCUSDT_UMCBL trading pair on Bitget, valued at $32.4369 million. This concentration of long-side liquidations suggests a sharp downward price movement triggered aggressive stop-loss orders across major assets.