PANews, June 25 – In the past hour, the crypto contract market saw liquidations of approximately $635 million, of which long positions accounted for roughly $597 million and short positions approximately $38.16 million, with longs making up about 94% of the total, according to CoinGlass. By exchange, Binance recorded around $279 million in liquidations, Hyperliquid about $185 million, and Bybit approximately $80.6 million, predominantly from long-side forced liquidations. By token, BTC had roughly $329 million in liquidations over the past hour, ETH about $140 million, and XRP, SOL, HYPE, and others also saw liquidations in the millions of dollars.

Over the past 24 hours, total liquidations across the network reached approximately $1.457 billion, with about 215,700 traders forcibly liquidated, mostly on the long side.