Global Liquidations Reach $385 Million in 24 Hours

Data from Coinglass reveals that the total liquidations across the network amounted to $385 million in the past 24 hours. According to ChainCatcher, long positions accounted for $129 million of the liquidations, while short positions totaled $256 million. During this period, 87,742 individuals experienced liquidations globally. The largest single liquidation occurred on Hyperliquid, involving a BTC-USD position valued at $13.3346 million.