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Data compiled by Woofun AI shows that total network liquidations reached $314 million over the past 24 hours, with long positions accounting for $198 million and short positions totaling $115 million. This imbalance indicates significant pressure on leveraged buyers across the market.
Among major assets, Bitcoin long positions were liquidated at $36.4461 million, while Bitcoin short positions faced $52.9115 million in losses. Ethereum longs saw $25.825 million in liquidations, compared to $24.9602 million for shorts. Globally, 83,368 traders were liquidated, with the largest single event occurring on Binance, where a BTCUSDT position valued at $6.6491 million was closed.