According to CoinGlass data, over the past 24 hours, 228,165 traders were liquidated across the crypto market, with total liquidations reaching $841 million. Of this, $697 million was from long positions, accounting for 82.8%; $144 million was from short positions, accounting for 17.2%.

By cryptocurrency, Bitcoin (BTC) liquidations totaled approximately $234 million, with long positions accounting for 94.9%; Ethereum (ETH) liquidations totaled approximately $183 million, with long positions accounting for 93.4%; and IRYS liquidations totaled approximately $65.4131 million, with short positions accounting for 83.7%.

The largest single liquidation in the past 24 hours occurred on Binance's ETHUSDT trading pair: a long position worth approximately $11.8549 million. Binance accounted for 50.1% of total liquidations across the crypto market.