BTC longs account for 91% of $47.32M in 24-hour liquidations

Over the past 24 hours, liquidations in the cryptocurrency perpetual futures market were heavily skewed toward long positions for major assets. BTC saw $47.32 million in liquidations, with longs making up 91.39% of the total. Similarly, ETH liquidations reached $21.18 million, of which 74.9% were long positions. In contrast, ZEC liquidations totaled $5.52 million, dominated by short positions at 94.88%.