Woofun AI data shows that total network liquidations amounted to $116 million in the past 24 hours, comprising $52.92 million in long positions and $62.71 million in short positions. Bitcoin longs faced $7.74 million in liquidations while shorts hit $13.19 million; Ethereum longs totaled $12.92 million against $15.96 million in shorts.

Globally, 69,409 traders were liquidated during this period. The largest single event occurred on Binance, where an ETHUSDT position worth $1.11 million was cleared.