Over $218 Million Liquidated in 24 Hours on Major Crypto Futures, Dominated by Long Positions

In the past 24 hours, significant liquidations occurred on major crypto perpetual futures markets with Ethereum seeing $114.86 million liquidated, Bitcoin $79.08 million, and XRP $24.45 million. The majority of these liquidations involved long positions, with ETH longs accounting for 83.62%, BTC longs 66.11%, and XRP longs 62.88% of the liquidations. This highlights ongoing volatility and risk among leveraged traders in the crypto futures market.