Crypto Liquidations Surge 174M in 24h, Longs Hit Hard

Total liquidations reached $174M with longs at $121M. BTC and ETH saw significant wipeouts, while 76k traders were cleared across the network.

Woofun AI data shows that total liquidations across the network totaled $174 million over the past 24 hours. Long positions accounted for $121 million of this volume, while short positions faced $53.2704 million in losses.

Bitcoin longs lost $38.0706 million compared to $6.5768 million for shorts. Ethereum longs incurred $22.3673 million in losses versus $11.4077 million for shorts. A total of 76,086 traders were liquidated, with the largest single event on Binance's BTCUSDT pair reaching $2.4659 million.