Bitcoin
Bitcoin (BTC) Longs Absorb $155 Million in 24-Hour Perpetual Liquidations
COINOTAG·August 29, 2026·1 min read
Bitcoin perpetual futures saw $154.85M in 24-hour liquidations, with 85.44% from longs. ETH and SOL longs were also swept as leverage unwound across the market. The cascade reflects a sharp deleveraging event, pressuring prices as traders who bet on further gains were forced out.
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