Crypto Liquidations Hit $207M in 24h, Shorts Dominate at $137M

Network-wide liquidations reached $207M with shorts comprising $137M. BTC and ETH saw significant short-side clears, while a $6.45M Binance trade marked the largest single event.

Woofun AI data shows that total network liquidations amounted to $207 million over the past 24 hours, driven primarily by short positions totaling $137 million against $69.295 million in long liquidations. Bitcoin shorts accounted for $29.1873 million of the total, while Ethereum shorts represented $11.9011 million. Long-side liquidations included $6.2574 million for Bitcoin and $5.2813 million for Ethereum.

Globally, 68,599 traders faced liquidation during this period. The largest individual position cleared was a $6.4511 million BTCUSDC trade executed on Binance.