Over the past 24 hours, crypto futures liquidations exceeded $300 million, with longs being the primary liquidations.

According to CoinGlass data, over the past 24 hours, the global crypto derivatives market has seen liquidations totaling approximately $304 million, affecting 94,591 traders. Long positions accounted for about $221 million, or roughly 73%, while short positions amounted to approximately $82 million. The largest single liquidation occurred on Binance's ETHUSDC contract, valued at around $2.96 million. By exchange, Binance led with approximately $152 million in liquidations, followed by Hyperliquid with about $57.05 million, OKX with approximately $41.42 million, and Bybit with around $19.65 million. BTC and ETH recorded daily liquidation amounts of approximately $32.90 million and $47.60 million, respectively, indicating a concentrated liquidation of high-leverage long positions during this volatility.