Data compiled by Woofun AI shows that total liquidations across the network amounted to $199 million over the past 24 hours. Long positions accounted for $104 million of this total, surpassing short positions which were liquidated at $95.1618 million.

Bitcoin long positions faced $22.0274 million in liquidations, while Bitcoin shorts saw $43.2401 million wiped out. Ethereum longs were liquidated at $19.9708 million, compared to $22.5783 million for shorts. Globally, 69,058 traders were liquidated, with the largest single event being a $3.3122 million ETHUSDT position on Binance.