I just checked the market data and wow, the liquidations are on fire. In the last 24 hours, $826 million worth of cryptocurrencies were liquidated according to coinglass, and what's interesting is that short positions took the biggest hit with $661 million, while longs only reached $166 million. That said, when I looked at coinglass in detail, BTC was the one that suffered the most with $375 million liquidated, followed by ETH with $184 million. What caught my attention the most is that nearly 200,000 traders were liquidated in a single day - exactly 194,273 according to coinglass. And the largest individual liquidation happened on Hyperliquid in the BTC-USD pair, a whopping $15.7 million. These numbers from coinglass show that the market has been quite volatile lately, with shorts suffering a lot. It’s the kind of days that make you realize how important it is to manage leverage properly.