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 (BTC) and ether (ETH) fell nearly 5%. Bitcoin and ether futures cumulatively saw $100 million in liquidations, while futures tracking dogecoin (DOGE), solana (SOL), XRP (XRP) and aptos (APT) took on $4 million in liquidations apiece.
Source: https://www.coindesk.com/markets/2023/02/10/long-traders-bear-brunt-as-bitcoin-ether-slide-spurs-220m-in-liquidations/?utm_medium=referral&utm_source=rss&utm_campaign=headlines