Woofun AI data shows that total network liquidations amounted to $72.3283 million over the past 24 hours. Short positions comprised the majority of losses at $43.1266 million, while long positions accounted for $29.2017 million.

Bitcoin shorts faced $12.6716 million in liquidations compared to $1.1837 million for longs. Ethereum shorts were liquidated for $9.9417 million versus $3.8755 million for longs. Globally, 49,355 traders were liquidated, with the largest single event being a $1.764 million ETHUSD_PERP position on Binance.