CoinGlass data shows nearly $1B in crypto liquidations in 24 hours, wiping out over 138,000 traders as long positions took 71% of the damage.

Nearly 90,000 crypto traders were liquidated in 24 hours, continuing a pattern of mass liquidation events that have repeatedly exceeded $1B in 2025-2026.

Over $107 million in long crypto positions were liquidated in a single hour on June 24, continuing a pattern of cascading leveraged blowups this month.