Markets· ★★★· bearish·

$146 million in crypto futures longs liquidated in 24 hours

  • About $146 million in longs liquidated over 24 hours
  • BTC and ETH bore the brunt of the liquidations
  • Most closures occurred on Binance, Bybit, OKX and Hyperliquid
  • Including shorts, total liquidations could have reached $200–300 million
Why it matters: The cascade of long liquidations adds pressure to BTC and ETH prices and raises volatility amid expectations around the Fed and the CLARITY Act.
Source: Crypto Briefing