Crypto Long Traders Bear Brunt as Slide in Bitcoin ( $61,027.00 ) , Ether Prices Spurs $220M in Liquidations

Long trades, or bets on higher prices, took 90% of the $220 million in liquidations on crypto futures trading over the past 24 hours as Bitcoin ( $61,027.00 ) (BTC) and ether (ETH) fell nearly 5%. Bitcoin ( $61,027.00 ) and ether futures cumulatively saw $100 million in liquidations, while futures tracking dogecoin (DOGE), solana (SOL), XRP ( $1.10 ) ( XRP ( $1.10 ) ) and aptos (APT) took on $4 million in liquidations apiece.