According to @OnchainDataNerd, CoinGlass liquidation data shows $9.58 billion in crypto derivatives positions were liquidated over the last 24 hours, including $8.02 billion in long positions; source: CoinGlass https://www.coinglass.com/LiquidationData, X post https://twitter.com/OnchainDataNerd/status/1976785447310483721. Based on the same CoinGlass dataset, longs accounted for roughly 84% of total liquidations in the period, indicating a long-side skew in forced unwinds; source: CoinGlass https://www.coinglass.com/LiquidationData. Traders can reference the CoinGlass Liquidation Data page for real-time updates and breakdowns by venue and asset to locate liquidation clusters; source: CoinGlass https://www.coinglass.com/LiquidationData.

According to @MilkRoadDaily, total crypto market liquidations reached $1.7 billion over the last 24 hours, with more than 400,000 traders affected, source: @MilkRoadDaily. The scale and speed point to a broad deleveraging wave concentrated within a single day, highlighting acute stress across leveraged derivatives positions, source: @MilkRoadDaily.