The takeaway first: $810 million in liquidations over 24 hours, with Binance accounting for 43.5%, but Hyperliquid had larger individual liquidations.

Binance saw $352 million in liquidations across 67,500 trades, averaging about $5,219 each; Hyperliquid saw $117 million across 15,900 trades, averaging about $7,331 each—40% higher.

This isn’t about who had the highest total—it’s about leverage density: Hyperliquid had only about a quarter as many liquidations as Binance, but its total value reached a third of Binance’s. Long liquidations across the market totaled $675 million, accounting for 83% of the total, so traders chasing longs clearly took a harder hit.

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#爆仓数据 #Hyperliquid #FuturesMarket

What do you think should be fixed first—the price or the leverage?

View in real time: https://coinboss.com/liquidations