Data compiled by Woofun AI shows that total network liquidations reached $138 million over the past 24 hours, driven primarily by short position closures totaling $85.2291 million compared to $52.4417 million in long positions. Bitcoin-specific activity included $27.0118 million in short liquidations and $9.5405 million in longs, while Ethereum saw $17.7414 million in shorts and $10.2174 million in longs.

Globally, 67,171 traders were liquidated during this period. The largest individual liquidation event occurred on Bybit, involving a BTCUSDT position worth $1.4403 million, highlighting concentrated risk exposure within major derivatives markets.