Crypto futures liquidations approach $370M in 24 hours

Forced liquidations in the cryptocurrency perpetual futures market approached $370 million over the past 24 hours. ETH led the liquidations with $167 million, of which 80.25% were long positions. BTC followed with $160 million in liquidations, with short positions accounting for 53.58% of the total. HYPE saw $42.37 million in liquidations, with long positions making up 99.08%.