Over $145M in crypto futures liquidated, long positions hit hard

Over the past 24 hours, the cryptocurrency perpetual futures market saw significant forced liquidations, predominantly affecting long positions. Bitcoin (BTC) liquidations totaled $78.47 million, with longs making up 79.25% of that figure. Ethereum (ETH) followed with $51.71 million in liquidations, of which 70.32% were long positions. Solana (SOL) experienced $15 million in liquidations, with an overwhelming 92.35% coming from longs.