BTC, ETH lead $394.5M in long-skewed liquidations

Forced liquidations in the cryptocurrency perpetual futures market over the past 24 hours were heavily skewed toward long positions. Bitcoin (BTC) saw $186 million in liquidations, with 84.41% from longs. Ethereum (ETH) followed with $174 million liquidated, of which 93.16% were long positions. Solana (SOL) recorded $34.54 million in liquidations, with 88.16% from longs.