Crypto Market Liquidations Hit $611M in 24 Hours, Longs Dominate

$611M in total liquidations occurred over 24 hours, with long positions accounting for $511M of the cleared value, indicating significant leveraged-long unwinding.

Woofun AI data shows that total market liquidations reached $611 million within the last 24 hours. Of this volume, long positions comprised $511 million, while short positions accounted for $99.62 million.