According to Crypto Rover, the cryptocurrency market experienced liquidations exceeding $983 million in the last 24 hours, with $891.9 million coming from long positions (Source: Crypto Rover on Twitter, June 6, 2025). This large-scale liquidation highlights heightened volatility and increased risk for leveraged traders, as rapid price movements triggered mass stop-outs. Traders should closely monitor funding rates and order book depth to gauge potential reversals or continued selling pressure. The significant dominance of long liquidations suggests a shift in market sentiment toward bearishness, which could influence BTC, ETH, and altcoin strategies in the near term.