Network Liquidations Hit $145M as Shorts Dominate 60% of Total Wipeouts

Total liquidations reached $145M in 24 hours, with shorts accounting for $87.4M. Bitcoin and Ethereum saw significant short-side pressure, while 54,578 traders were cleared globally.

Woofun AI data shows that total network liquidations amounted to $145 million over the past 24 hours. Short positions comprised $87.4395 million of this total, exceeding long position liquidations of $57.9087 million.

Bitcoin short liquidations totaled $27.4746 million versus $6.3731 million for longs. Ethereum shorts accounted for $24.9251 million compared to $12.1446 million in long liquidations. Globally, 54,578 traders were liquidated, with the largest single event on Hyperliquid involving XYZ:BRENTOIL-USD at $3.1586 million.