🚨⚠️ Heavy long liquidations hit the market as ETH, SOL, and DOGE slide 7%

💥 Roughly $1 billion in crypto derivatives positions were wiped out within 24 hours as a low-liquidity weekend sell-off swept through major coins and high-volatility altcoins

📉 Ether absorbed the bulk of the damage with nearly $385 million in forced closures, while bitcoin followed with around $188 million. Solana and XRP each saw liquidations exceeding $45 million


⚠️ The dominance of long-side liquidations—including exposure tied to tokenized silver—pointed to a leverage flush driven by thin trading conditions rather than fear-driven capitulation, leaving the market’s next move dependent on the return of risk appetite #BitcoinETFWatch #USGovShutdown #CZAMAonBinanceSquare $ETH $SOL

SOL
SOLUSDT
103.08
+0.07%