Crypto Futures Liquidations Top $133M in 24 Hours: ETH Leads, SOL Shorts Squeezed
BitcoinWorld Crypto Futures Liquidations Top $133M in 24 Hours: ETH Leads, SOL Shorts Squeezed The cryptocurrency market witnessed over $133 million in futures liquidations over the past 24 hours, with Ethereum (ETH) bearing the brunt of the activity.
According to data compiled from major exchanges, ETH recorded $64.93 million in liquidations, with short positions accounting for 63.37% of that total.
Bitcoin (BTC) followed with $51.42 million liquidated, though long positions made up 56.85% of the figure, indicating a different market dynamic. Breakdown of Liquidations Across Major Assets The data reveals a clear divergence in positioning across the top cryptocurrencies.
For Ethereum, the majority of liquidated positions were shorts, suggesting that traders who bet against the asset were caught off guard by a price rally. In contrast, Bitcoin saw more longs liquidated, implying that bullish traders faced losses as BTC’s price dipped.
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