I just noticed something interesting in the market data - forced liquidations reached very high levels over the past 24 hours. According to the information I follow, the total amount reached $826 million, and notably, short positions were affected much more significantly - about $661 million compared to only $166 million for long positions.

Bitcoin and Ethereum were the most affected, of course - BTC alone saw liquidations of $375 million, and ETH $184 million. The total number of forcibly closed accounts reached approximately 194,000 accounts! The largest individual liquidation was on the Hyperliquid platform for the BTC-USD pair, valued at $15.7517 million - that's a really huge number.

Data from CoinGlass clearly shows that the market experienced intense pressure on short positions. This kind of massive liquidation usually indicates sharp price movements. Traders who bet on falling prices suffered heavy losses.