Crypto futures traders saw $188 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 $186 million and short positions for $2.5 million, a sign that the selling caught traders betting on higher prices.
The largest amounts were in Bitcoin ($77 million), Ether ($63.4 million), Solana ($17.5 million). In the hour before, liquidations totaled $489,570.
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).
