HYPE saw over $13 million in liquidations in the past 24 hours, with the largest single liquidation at $616,000

According to Coinglass data, HYPE liquidations totaled $13.231 million in the past 24 hours, with short liquidations reaching $11.7564 million and long liquidations at $1.4747 million. The largest single liquidation was $616,000. Today’s HYPE liquidations were primarily concentrated on Binance (49.26%), Hyperliquid (22.35%), and OKX (11.45%), indicating that these exchanges hold a significant amount of active leveraged trading.

Additionally, HYPE's price fluctuated by over 15.69% today, with a total of 3,537 traders globally facing liquidation.