Over the last 24 hours, the market recorded $255.38M in liquidations.

$BTC alone accounted for $73.70M, while ETH accounted for $54.41M, totaling $128.11M, around 50% of all market liquidations.

This shows how BTC and ETH continue to concentrate a significant share of market leverage and liquidation activity.

At the same time, one of the most interesting signals came from the sharp increase in Open Interest across several altcoins:

ONDO: +105.95%
NEAR: +72.77%
ZEC: +68.29%
SOL: +25.85%

All within the last 24 hours.

Even after significant liquidation events, new positions are being opened aggressively across several assets, suggesting that leverage is being rebuilt very quickly.