Total liquidations across exchanges reached $427 million over the past 24 hours, predominantly long positions.

According to CoinGlass data, the total cryptocurrency market liquidation amount over the past 24 hours reached $427 million, comprising $374 million in long positions and $53.5736 million in short positions, with 90,950 accounts liquidated in total.

Of these, BTC liquidations totaled approximately $135 million (longs $125 million, shorts $10.5943 million), ETH liquidations were around $96.027 million (longs $86.2038 million, shorts $9.8232 million), SOL liquidations were approximately $26.9486 million (longs $25.6172 million, shorts $1.3315 million), ZEC liquidations were around $23.1529 million (longs $21.2565 million, shorts $1.8965 million), XRP liquidations were approximately $10.814 million (longs $10.0218 million, shorts $0.7922 million), HYPE liquidations were around $10.7053 million (longs $10.6122 million, shorts $0.0931 million), and liquidations for other assets summed to approximately $36.2499 million.

The largest single liquidation over the past 24 hours took place on the BTCUSDT trading pair on Binance, valued at $11.8234 million.