$425 Million Liquidated in 24 Hours as 84,506 Traders Get Wiped Out Crypto markets saw a large wave of forced position closures over the past day. Breakdown of the liquidations: > Total liquidated: $424.95 million
> Traders liquidated: 84,506
> Shorts hit harder: $253.93 million
> Longs liquidated: $171.02 million
> Bitcoin: $133.39 million
> Ethereum: $129.83 million
> Solana: $39.51 million
> Largest single order: $12.40 million ETH on Binance

Binance accounted for the biggest share at $193.60 million, followed by Hyperliquid at $59.25 million. Most of the pressure came from shorts after Bitcoin and Ethereum’s recent rebound. When price rises quickly, traders betting on a drop get forced out, and those closures can add extra buying in the short term. A heavy 24-hour flush concentrated in BTC and ETH after the market’s sharp bounce.

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