Crypto Futures Liquidations Reach $932 Million, Mostly in Longs

Crypto futures liquidations reached $932 million across the market over a 24-hour period, with long positions making up about 85% of the total and far exceeding short-position closures. Long positions accounted for $796 million in liquidations, while short positions totaled $136 million. The $660 million gap left long liquidations nearly six times higher than short liquidations, underscoring how heavily the period’s market-wide closures leaned toward one side of futures trading. Ether (ETH) had $281 million in liquidations, compared with $212 million for Bitcoin (BTC).

Source: TokenPost