Coinalyze data covering the largest perpetual futures markets on four exchanges reports $102 million of positions liquidated in the past hour.
Long positions accounted for $101 million of the liquidations, while short positions contributed $1.1 million, indicating that leveraged bets on higher prices were predominantly closed.
The highest liquidation amounts were recorded for Bitcoin at $41.1 million, Ether at $40.3 million, and Zcash at $6.8 million.
By comparison, the preceding hour saw liquidations total $247,384, underscoring a sharp increase in margin calls across the market.
This alert was written automatically by the Tradexus News Desk from live market data (liquidations: Coinalyze), with the help of AI.
