In the past 24 hours, long position liquidations totaled approximately $1.597 billion, with total market liquidations reaching $1.777 billion

According to CoinGlass data, a total of 277,481 individuals were liquidated across the entire network in the past 24 hours, with total liquidations amounting to $1.777 billion. Long position liquidations were $1.597 billion, while short position liquidations were $181 million.

By asset, BTC liquidations totaled $58.13 million, ZEC liquidations $53.88 million, ETH liquidations $25.64 million, and LAB liquidations $19.66 million. The largest single liquidation occurred on the Hyperliquid platform for the BTC-USD trading pair, amounting to $27.49 million.