Network Liquidations Hit $95.7M in 24 Hours with Shorts Leading

Total on-chain liquidations reached $95.7M over 24 hours, with short positions accounting for $45.7M. Bitcoin and Ethereum shorts dominated losses, while a single Hyperliquid trade saw $9.35M wiped out.

Woofun AI data shows that total network liquidations amounted to $95.6882 million within the last 24 hours. Short positions constituted $45.655 million of this total, while long positions accounted for $50.0333 million. Bitcoin shorts faced $5.0996 million in liquidations compared to $1.1667 million for longs. Ethereum shorts experienced $8.0803 million in losses against $2.5653 million for longs. Globally, 53,869 accounts were liquidated. The largest single event occurred on Hyperliquid, where the XYZ:BRENTOIL-USD position was cleared for $9.3533 million.