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Just saw the data from CoinGlass, crypto liquidations yesterday were really bad. Total up to 826 million dollars in 24 hours, with short positions being the most affected at 661 million dollars. BTC alone already at 375 million, ETH at 184 million, and nearly 200,000 traders liquidated.
The craziest part is the largest single liquidation at Hyperliquid in the BTC-USD pair, worth up to 15.7 million dollars. So there really are big players and they got wiped out. It looks like the market was extremely volatile yesterday, especially for those with high leverage.