Long Positions Account for Over 90% of $745 Million Crypto Liquidations

The one-hour liquidation tally across crypto futures reached $745 million, including $715 million in long positions and $29.62 million in shorts. More than 90% of the total came from long positions, which are structured to profit when prices rise. Short positions are designed to benefit from falling prices, underscoring how heavily the reported liquidation wave favored the long side.

About 137,000 traders were liquidated during the 24-hour period covered by the market snapshot. Ether (ETH) liquidations reached $343 million, while Bitcoin (BTC) liquidations totaled $229 million. The largest single liquidation was valued at $48.16 million and involved Binance’s ETH/USDT pair.

The liquidation tally covers one hour.