Crypto Futures Liquidations Surpass $300 Million as Longs Take Heavy Losses

BitcoinWorld Crypto Futures Liquidations Surpass $300 Million as Longs Take Heavy Losses The cryptocurrency derivatives market experienced a significant shakeout over the past 24 hours, with total futures liquidations across major assets exceeding $308 million.

Data from leading liquidation tracking sources shows that long-position traders bore the brunt of the losses, accounting for the vast majority of forced closures.

Breakdown by Asset Bitcoin (BTC) perpetual futures saw approximately $157.53 million in liquidations, with an overwhelming 84.88% of those positions being long trades. This indicates a sharp, unexpected price move that caught bullish traders off guard.

Ethereum (ETH) followed closely with $131.53 million liquidated, though the long ratio was slightly lower at 61.12%, suggesting a more balanced but still painful outcome for bulls. Solana (SOL) recorded $18.93 million in liquidations, with 83.35% coming from long positions.