Crypto Futures See $173 Million Liquidated in 24 Hours with Majority Long Positions

In the past 24 hours, approximately $173 million worth of positions were liquidated across major crypto futures markets. Bitcoin futures accounted for $110 million in liquidations with about 75% of the liquidated positions being longs. Ethereum and Solana futures also saw significant liquidations, $51.29 million and $12.45 million respectively, predominantly affecting long positions.