Bitcoin perpetual futures liquidations hit $335 million as shorts dominate major crypto contracts

Bitcoin perpetual futures recorded an estimated $335.38 million in liquidations over the past 24 hours, with short positions making up 83.94% of that total. Ethereum perpetual futures saw about $151.68 million liquidated, of which 74.62% were shorts, while Solana perpetual futures liquidations reached $22.57 million, with shorts at 68.59%. Earlier market-wide reports put overall cryptocurrency futures liquidations at $374 million over 24 hours, including $217 million from shorts and $157 million from longs, after a prior snapshot had shown $394 million. A separate one-hour CoinGlass reading captured about $221 million in liquidations, including roughly $217 million from shorts, with Bitcoin and Ethereum leading asset-level losses in that window.

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