Bitcoin (BTC) Perpetual Futures Liquidations Top $104 Million, Longs Bear 74.5% of Losses

Bitcoin perpetual futures liquidations hit $104.16 million in 24 hours, with longs accounting for 74.52% of losses. ETH and ZEC longs also suffered heavy losses. The spike in liquidations highlights heightened volatility in the crypto derivatives market, as traders faced significant forced closures amid price swings.