Woofun AI data shows that global crypto contract liquidations totaled $1.408 billion over the past 24 hours, impacting 154,189 traders. Short positions bore the brunt of the volatility with $1.227 billion in losses, compared to $181 million for longs. BTC contributed approximately $900 million to the total, while ETH accounted for around $236 million. The largest individual liquidation occurred on a Hyperliquid-BTC-USD contract, reaching $25.1387 million.