Crypto Futures See $82M in Liquidations as Bitcoin and Ethereum Shorts Get Squeezed

BitcoinWorld Crypto Futures See $82M in Liquidations as Bitcoin and Ethereum Shorts Get Squeezed The crypto derivatives market experienced a sharp uptick in volatility over the past 24 hours, with total liquidations across major perpetual futures reaching approximately $82 million.

Data from leading tracking platforms shows that Bitcoin and Ethereum accounted for the bulk of the activity, with a notable concentration of short positions being forced out.

Liquidation Breakdown: BTC, ETH, and SOL Bitcoin led the way with $43.94 million in liquidations, of which an overwhelming 74.33% were short positions. This suggests that traders who had bet on a price decline were caught off guard by a sudden upward move.

Ethereum followed closely, with $31.64 million liquidated and an even higher short ratio at 82.39%. Solana saw comparatively modest activity, with $6.83 million in liquidations, though shorts still represented a majority at 58.1%.