COINOTAG News, citing Coinglass data, reports that in the last four hours the aggregate on-chain liquidation amounted to $50.63 million, with long liquidations at $6.0198 million and short liquidations at $44.6113 million.

Over the past 24 hours, the global liquidations reached 129,131 accounts, representing about $474 million in notional value liquidated, underscoring concentrated downside pressure across major exchanges.

The single largest liquidation was recorded on the Hyperliquid venue for ETH-USD, at $17.8128 million, highlighting liquidity stress concentrated on high-cap pairs.