Bitcoin (BTC) Liquidations Surge: $119M in 4 Hours and $615M in 24 Hours, Hyperliquid BTC-USD Leads at $13.97M

According to Coinglass data, the crypto market registered total liquidations of $119 million across the network in the past four hours, with $75.9447 million in long positions and $42.9391 million in shorts. This near-term volatility signal underscores the exposure risk faced by leveraged traders and the sensitivity of derivatives to rapid price moves.

In the 24-hour window, approximately 161,338 traders were liquidated worldwide, equating to a cumulative $615 million in liquidations. The apex single liquidation occurred on Hyperliquid for the BTC-USD pair, at roughly $13.9722 million, illustrating concentrated risk within major crypto channels.