Woofun AI data shows that total crypto market liquidations amounted to $250 million over the past 24 hours. Short positions accounted for $194 million of this total, significantly outweighing long position liquidations of $56.1469 million.

Bitcoin shorts were liquidated at $88.6242 million versus $8.2244 million for longs, while Ethereum shorts saw $55.129 million in wipes compared to $9.3377 million for longs. A total of 77,118 traders were liquidated globally, with the largest single event occurring on Binance involving a BTCUSDT position worth $7.8557 million.