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Crypto Futures Liquidations Top $86M in 24 Hours as Longs Bear the Brunt

BitcoinWorld Crypto Futures Liquidations Top $86M in 24 Hours as Longs Bear the Brunt The cryptocurrency derivatives market witnessed over $86 million in futures liquidations over the past 24 hours, with long positions accounting for the vast majority of the losses.

According to data from major exchanges, Bitcoin, Ethereum, and XRP collectively saw significant liquidation volumes, highlighting a sharp reversal in market sentiment.

Liquidation Breakdown: Bitcoin, Ethereum, and XRP Bitcoin led the liquidation figures with approximately $44.75 million wiped out, of which an overwhelming 85.86% were long positions.

Ethereum followed with $33.02 million in liquidations, with longs representing 69.31% of the total. XRP, though smaller in scale, saw $8.68 million liquidated, with a striking 90.10% of those being longs.

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