Data compiled by Woofun AI shows that total cryptocurrency liquidations amounted to $988 million in the past 24 hours. Long positions accounted for $799 million of this total, while short positions comprised $189 million. Specifically, Bitcoin long positions saw $321 million in liquidations, compared to $80.968 million for shorts. Ethereum longs were liquidated at $171 million, with shorts at $50.9528 million.

Woofun AI reports that a global total of 177,902 traders faced liquidation during this period. The largest individual liquidation event occurred on Binance, involving a BTCUSDT position valued at $12.214 million.