Data compiled by Woofun AI shows that total crypto market liquidations surged to $180 million within a 24-hour window. The breakdown reveals a distinct asymmetry in market stress, with short position liquidations dominating the activity at $123 million, compared to $57.18 million in long position closures. This disparity indicates that leveraged bearish bets were aggressively unwound, likely driven by a rapid price recovery or volatility spike that triggered margin calls across major derivatives exchanges.