Cryptocurrency futures markets recorded $315 million in total liquidations over the past 24 hours, with long positions accounting for $248 million and shorts contributing $66.3 million, according to CoinGlass data.
Bitcoin led major asset liquidations at $52.4 million, while Ethereum saw $61.2 million wiped out. The largest single liquidation occurred on Hyperliquid's SOXL-USD perpetual contract, valued at $3.77 million.
$315M Wiped Out in 24-Hour Crypto Futures Liquidations, Longs Dominate
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