Ethereum Leads 24-Hour Crypto Liquidations With $974M Total; Hyperliquid’s ETH-USD $15.61M Is the Largest Single Liquidation

COINOTAG News highlights a 24-hour risk snapshot anchored to Coinglass data. The aggregate liquidations reached $974 million, comprising $851 million in long liquidations and $123 million in short liquidations. Across the window, 267,320 positions were liquidated, underscoring the breadth of volatility in the sector.

The leading single liquidation occurred on Hyperliquid for the ETH-USD pair, valued at $15.6095 million, highlighting a concentrated risk event on a major venue and instrument.

Overall, the data signals persistent margin-pressure risk for traders and reinforces the importance of disciplined risk controls and vigilant margin monitoring within the crypto market.