In the past 24 hours, the cryptocurrency market saw $798 million in liquidations across all platforms, affecting 212,000 individuals.

According to CoinGlass data, as reported by Odaily Planet Daily, 212,177 people worldwide were liquidated in the past 24 hours, with a total liquidation amount of $798 million. Of this, $690 million was liquidated from long positions and $108 million from short positions. The total liquidation amount in one hour was $314 million, in four hours it was $497 million, and in 12 hours it was $547 million. The largest single liquidation occurred on the Hyperliquid BTC-USD trading pair, valued at $31.6446 million.