Woofun AI data shows that total network liquidations amounted to $161 million over the last 24 hours. Short positions accounted for $82.4641 million of this total, exceeding long position liquidations of $78.2685 million.

Bitcoin long positions were cleared by $18.373 million, while Bitcoin shorts saw $9.094 million in liquidations. Ethereum longs faced $11.2644 million in losses, compared to $23.7751 million for Ethereum shorts. Globally, 63,195 traders were liquidated, with the largest single event being a $4.485 million ETHUSDC trade on Binance.