Cryptocurrency futures markets recorded $214 million in total liquidations over the past 24 hours, with long positions accounting for $153 million and shorts absorbing $61.3 million, according to CoinGlass data.
Bitcoin led asset-specific losses with $37.5 million in BTC liquidations, while Ethereum followed closely at $33.4 million. The largest single-position wipeout occurred on Hyperliquid's BTC-USD perpetual contract, where a trader lost approximately $5.1 million.
$214M Liquidated in 24 Hours as Longs Take the Heaviest Hit
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