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Market volatility! $515 million liquidated in 24 hours, 140,000 traders liquidated
【BiTi】In the past 24 hours, the crypto market has experienced a fierce battle between bulls and bears. According to on-chain data, the total liquidation volume reached $515 million — including $362 million from long positions and $153 million from short positions.
Looking at mainstream cryptocurrencies, Bitcoin shows a nearly balanced situation, with $74.71 million in long liquidations versus $80.31 million in short liquidations; Ethereum’s situation is even more extreme, with long liquidations reaching $131 million, far exceeding the $32.26 million in short liquidations, reflecting significant pressure on the longs during this correction.
The most shocking data is: in just 24 hours, a total of 148,104 traders worldwide faced liquidation. The largest single liquidation occurred on the Hyperliquid exchange for the HYPE-USD trading pair, with a liquidation amount of $11.08 million, highlighting the intense market volatility and the risks of leverage trading.