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The amount of stop-loss liquidations in the past 24 hours is really crazy. Looking at CoinGlass data, it's over 800M dollars. Shorts have taken over 600M dollars, suffering overwhelmingly large damage.
Only for BTC, it's 375 million dollars, and for ETH, 184 million dollars. According to CoinGlass's tally, more than 190k people have been liquidated, which is quite a large scale. I also saw that a single liquidation on Hyperliquid exceeded 15 million dollars, so these large-scale settlements are happening one after another.
Considering recent volatility, many people probably have alert settings on CoinGlass. If this trend continues, it seems likely that further liquidations will be triggered.