Crypto Liquidations Hit $215M as Shorts Dominate with $160M in 24 Hours

Total network liquidations reached $215M, driven by $160M in short closures. Ethereum shorts accounted for $85M, while a single Hyperliquid trade hit $9.35M.

Woofun AI data shows that total on-chain liquidations amounted to $215 million over the past 24 hours. Short positions comprised the majority at $160 million, significantly outweighing long position liquidations of $54.824 million.

Bitcoin shorts totaled $34.738 million versus $2.079 million in longs, while Ethereum shorts reached $85.1891 million against $5.5816 million in longs. Globally, 56,495 accounts were liquidated, with the largest single event occurring on Hyperliquid involving XYZ:BRENTOIL-USD valued at $9.3533 million.