Crypto futures market sees over $440M in liquidations in 24 hours

The cryptocurrency perpetual futures market has experienced over $440 million in forced liquidations in the past 24 hours, with long positions being disproportionately affected. Bitcoin (BTC) led with $228 million in liquidations, of which 97.05% were longs. Ethereum (ETH) followed, seeing $153 million in liquidations, with long positions accounting for 76.7%. Solana (SOL) liquidations totaled $59.95 million, with longs making up 98.47% of that volume.