In the past 24 hours, the total number of liquidations across all exchanges surged to $1.787 billion, with the majority of liquidated positions being longs.

BlockBeats News, June 4th, according to Coinglass data, the total value of liquidations in the past 24 hours has surged to $1.787 billion, with long liquidations totaling $1.517 billion and short liquidations amounting to $0.269 billion.

In the last 24 hours, a total of 296,488 people were liquidated globally, with the largest single liquidation occurring on Hyperliquid - BTC-USD worth $16.1984 million.