While checking yesterday's charts, I noticed something interesting in CoinGlass data. Over the past 24 hours, the total amount of liquidations in the cryptocurrency market has reached $138 million, with long positions suffering nearly three times the damage of shorts. The structure is approximately $100 million in longs and $38.5 million in shorts.

There have been over $70 million in liquidations just from BTC and ETH alone, indicating the market is quite volatile. According to CoinGlass, more than 68,000 people lost their positions in 24 hours. By the way, the largest single liquidation was $6.54 million in Hyperliquid's XYZ trading, suggesting a significant trade was wiped out all at once.

In such situations, using tools like CoinGlass to view liquidation distributions in real-time helps identify where market liquidity is concentrated and which price ranges are risky. The fact that damages are predominantly in longs suggests there may have been a sudden collapse in buying pressure.