In the past 24 hours, total liquidations across the network reached $69.5211 million, with long positions dominating the liquidations.

Crypto liquidations across exchanges totaled $69.52 million in the past 24 hours, affecting 55,543 traders, with long positions accounting for $46.09 million (66.3%) and shorts $23.44 million (33.7%), according to CoinGlass. JCT led token-level liquidations at $9.90 million, of which 74.0% were shorts, followed by other tokens at $9.31 million (81.6% longs), ETH at $6.82 million (75.7% longs) and BTC at $6.61 million (65.4% longs). The largest single liquidation was a $439,500 long on Hyperliquid's ZEC-USD pair, while Binance accounted for 55.6% of total liquidation value. The long-heavy skew signals leveraged bullish positioning was caught offside during the session's price moves. Traders will watch whether the bias toward longs persists across Binance and Hyperliquid, and whether JCT's short squeeze reverses.