I just looked at the liquidation data from yesterday, the total position eliminations in the crypto market reached US$383 million in one day. Interestingly, short positions were much more wiped out, up to US$256 million, while longs only US$127 million. So it seems short sellers were the most affected this time.



BTC and ETH were the hardest hit, with Bitcoin experiencing liquidations worth US$194 million and Ethereum US$98.5 million. Both still hold the top spots in terms of liquidation volume, it seems.

The most severe was at Hyperliquid, where a single BTC-USD position was wiped out worth US$13.3 million in one go. More than 87,000 traders were liquidated yesterday. The market is really volatile right now.
BTC-0,31%
ETH0,26%
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