Over the past 24 hours in global markets, forced liquidations have occurred consecutively, with a total of 102 million dollars in long liquidations and 74.11 million dollars in short liquidations. Based on Coinglass data, examining the dramatic market swings, Bitcoin recorded 5.66 million dollars in long position liquidations and 23.54 million dollars in short liquidations. Ethereum similarly saw 4.66 million dollars in long liquidations and 10.89 million dollars in short liquidations confirmed.

In this 24-hour period, over 56,000 traders worldwide were subject to forced liquidations, with the largest single position liquidation reaching 8.5 million dollars on Hyperliquid's SOL-USD pair. The trend of liquidations centered on longs suggests upward pressure in the market, with short traders bearing losses while long traders were also caught up in the liquidations.