Long positions dominate recent crypto futures liquidations

Over the past 24 hours, the cryptocurrency perpetual futures market has seen significant liquidations, predominantly affecting long positions. Bitcoin (BTC) liquidations totaled $147 million, with longs accounting for 88.9% of the volume. Ethereum (ETH) saw $98.68 million in liquidations, 82.81% of which were long positions. Meanwhile, Solana (SOL) liquidations reached $21.78 million, with longs making up 88.59% of that total.