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I just looked at the liquidation data for the past 24 hours — the picture is impressive. According to CoinGlass, a total of 826 million dollars was wiped out. But the most interesting part is that most of this — short position liquidations, totaling 661 million. Long positions were affected much less, only about 166 million.
For individual assets: BTC accounted for 375 million in liquidations, ETH — 184 million. CoinGlass data shows that nearly 200,000 positions were liquidated in a day. That's quite a lot.
The wildest thing — the maximum single liquidation on Hyperliquid was for the BTC-USD pair, totaling 15.75 million dollars. That’s a blow. It seems the market shook up those who were in short positions.