Data compiled by Woofun AI shows that total network liquidations amounted to $401 million over the past 24 hours, with long positions comprising $275 million of the total and short positions accounting for $126 million. Bitcoin longs were liquidated at $90.05 million, while Bitcoin shorts faced $41.648 million in closures.

Concurrently, Ethereum longs saw $73.7669 million liquidated, compared to $33.1289 million for Ethereum shorts.

Globally, 97,472 traders were liquidated during this period. The largest single liquidation event occurred on Binance, involving a BTCUSDT position valued at $4.9661 million.