Data compiled by Woofun AI shows that total crypto liquidations surged to $439 million over the past 24 hours, with long positions bearing the brunt of the volatility at $307 million compared to $132 million in shorts. Bitcoin longs accounted for $97.4075 million of the wipeout, while Ethereum longs saw $81.6489 million in forced closures. Conversely, Bitcoin shorts were liquidated to the tune of $44.5226 million, and Ethereum shorts faced $34.5801 million in losses.

Concurrently, the market turbulence impacted 106,743 traders globally. The largest single liquidation event occurred on Binance, involving a BTCUSDT position valued at $4.9661 million. This distribution highlights a pronounced bias toward long-side risk exposure during the recent price action.