Coinglass reported $2.029 billion in total cryptocurrency liquidations over the past 24 hours, affecting 473,095 traders. Long positions accounted for $1.629 billion of the losses, while short positions lost $400 million. The largest single liquidation was $47.87 million on the HTX BTC-USDT pair. These figures mark a significant escalation from previous reports, underscoring high leverage and volatile conditions dominating recent crypto markets.