Bitcoin Liquidations Hit $889 Million in 24 Hours, Largest BTC-USD Liquidation at $21.43M on Hyperliquid

According to Coinglass data, the last four hours recorded total crypto liquidations of $89.0437 million across the network, with long liquidations totaling $84.0273 million and short liquidations $5.0164 million. The figures reflect tight leverage conditions and persistent volatility in the derivatives space.

In the past 24 hours, 178,891 traders were liquidated globally, representing combined liquidations of $889 million. The data point reinforces ongoing risk management considerations for investors navigating futures and margin calls.

The single largest liquidation occurred on Hyperliquid – BTC-USD, at $21.4298 million, underscoring concentration risk on major venues and the sensitivity of the BTC-USD pair to sudden moves.