In the past 24 hours, $176 million in liquidations occurred across the entire mar

Over the past 24 hours, crypto liquidations totaled $176 million across 58,837 traders, with longs bearing the brunt at $95.55 million (54.4%) versus $80 million in short liquidations (45.6%), per CoinGlass data. By asset, Bitcoin (BTC) liquidations reached $41.14 million—70.6% of them shorts—while Ethereum (ETH) saw $37.46 million liquidated, 71.2% shorts, and other tokens accounted for $20.93 million, 78.6% of which were longs. The largest single liquidation was a roughly $4.01 million BTC-USD short on Hyperliquid, wiped out at a price of $78,717. Binance led all venues, capturing 46.7% of total liquidation volume. The long-heavy skew outside BTC and ETH suggests altcoin longs were hit hardest as prices fell, while the short-dominated BTC and ETH liquidations point to pockets of upward volatility. Traders will be watching whether leverage flushes continue and whether BTC holds the $78,700 level where the biggest position was cleared.