Crypto Futures Liquidations Reach $291 Million as Longs Dominate

Long positions accounted for most of the $291 million in crypto futures liquidations over a 24-hour period, with Bitcoin and Ether each recording more than $52 million in liquidations.

Long liquidations totaled $258 million, compared with $33.2 million in short liquidations. Bitcoin (BTC) liquidations reached $54.6 million, while Ether (ETH) liquidations totaled $52.3 million.

The largest single liquidation was a $4.5 million position in Binance’s ZECUSDT market.