Crypto futures traders saw $157 million of positions liquidated in the past hour, according to Coinalyze data covering the largest perpetual futures markets on four exchanges.
Long positions accounted for $4.3 million and short positions for $153 million, a sign that the rise caught traders betting on lower prices.
The largest amounts were in Bitcoin ($91 million), Ether ($44.9 million), Solana ($9.5 million). In the hour before, liquidations totaled $420,042.
A liquidation happens when an exchange closes a leveraged position because the trader no longer has enough margin to keep it open.
This alert was written automatically by the Tradexus News Desk from live market data (liquidations: Coinalyze).
