Overview
- Fartcoin fell about 28% to roughly $0.17 after a two-day jump to $0.25, with the drop unfolding Thursday.
- CoinGlass counted $48 million in long liquidations and $3.7 million in shorts over 24 hours, with a rolling total near $51 million.
- Most wipeouts hit Hyperliquid, an on-chain exchange, which logged about $84–85 million in 24-hour liquidations and topped Binance and Bybit.
- Lookonchain traced a 145.24 million-token long spread across four wallets that was liquidated for about $3.02 million, which some traders view as coordinated.
- Auto-deleveraging on Hyperliquid paid shorts about $849,000 across two wallets, including $512,000 for wallet 0x06ce, in a market thinned by a months-long meme-coin slump.