According to Coinglass on-chain data monitoring, there have been frequent liquidation events in the global trading markets within the past 24 hours. During this period, a total of 68,643 traders faced forced liquidations, involving a total liquidation amount of $78.792 million.

From the position perspective, short liquidations amounted to $48.3943 million, accounting for over 60%, indicating greater pressure on the short side; long liquidations reached $30.3977 million, showing that both bulls and bears are facing significant risks in the market.

Notably, the Hyperliquid trading pair xyz:AMZN-USD recorded the largest single liquidation order, with a size of $1.3055 million, reflecting the concentrated risk of leveraged positions in the derivatives market. Such large liquidation events often have a significant impact on market sentiment and serve as a warning for traders to exercise caution in high-leverage environments.