TREE NEWS reports: Crypto futures liquidations across exchanges totaled $173 million in the past 24 hours, CoinGlass data shows, with $87.98 million from long positions and $84.53 million from shorts. Bitcoin liquidations accounted for $18.64 million and Ethereum $19.71 million. The largest single liquidation, worth $3.35 million, occurred on the HYPERLIQUID-XRP-USD pair.
Crypto Futures Liquidations Hit $173M in 24 Hours
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AI take
The near-even split between long and short liquidations signals a choppy, two-way market rather than a one-sided squeeze. That both BTC and ETH account for only a fraction of the total is the more telling detail: leverage is concentrated in altcoin pairs, with the largest single hit landing on an XRP contract. Whether that dispersion persists, or capital rotates back into majors, is the open question worth tracking.
Generated by AI for reference only.
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