# Crypto Futures Liquidations Top $290 Million, Long Bets Hit Hard

**Published:** 2026-05-29T03:43:38.000Z  
**Topic:** Liquidation Crypto  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/d11e7e1b-738a-4dfb-b474-2eb5ac2c2308

Over $290 million in crypto futures liquidations occurred in 24 hours, with more than 90% of the losses coming from long positions on Bitcoin, Ethereum and

The crypto perpetual futures market saw a sharp shake‑out, with total liquidation volumes exceeding $290 million in the past 24 hours. Long positions bore the brunt, accounting for over 90% of all liquidations across major assets [1].

**Key takeaways**
- Total futures liquidations topped $290 million in a single day [1].  
- Long bets comprised more than 90% of liquidations, indicating a broad sell‑off of bullish leverage [1].  
- Bitcoin incurred about $160.5 million in liquidations, with 92.17% of those positions long [1].  
- Ethereum saw $119.1 million liquidated, 91.01% of which were long positions [1].  
- Smaller‑cap tokens such as Zcash also experienced long‑heavy liquidations, with $10.9 million wiped out [1].

## Market shock drives long‑side liquidations  
The data shows that leveraged traders betting on price rises were caught off guard by a rapid market decline. Bitcoin’s $160.51 million in liquidations and Ethereum’s $119.14 million reflect a sudden reversal that forced long contracts to be closed. Even lower‑cap assets like Zcash were not immune, with $10.91 million liquidated and nearly 90% of those positions long. The concentration of long liquidations suggests that many participants expected continued upward momentum, only to see stop‑loss cascades amplify the drop.

## Implications for traders and investors  
Such a massive liquidation event signals heightened volatility and the risk of high‑leverage exposure. While forced closures can temporarily ease selling pressure, they also highlight the danger of tight margin requirements in unpredictable markets. Traders are reminded to manage risk through tighter position sizing and stop‑loss orders, as even modest price moves can trigger sizable liquidations when leverage is high [1]. For longer‑term investors, the clearing of leveraged bets may create entry opportunities, but caution remains essential amid ongoing market turbulence.

## Why it matters  
The $290 million liquidation surge underscores the fragility of leveraged positions in crypto derivatives and the speed with which market sentiment can shift. As the market seeks stability, participants will likely scrutinize open interest, funding rates and volatility metrics to gauge future risk. Continued monitoring of liquidation trends will be crucial for assessing whether this event marks a temporary correction or a prelude to further price swings.

## Sources
1. M — [Crypto Futures Liquidations Surpass $290 Million as Long ...](https://m.dailyhunt.in/news/india/english/bitcoin+world+news-epaper-btcinwld/crypto+futures+liquidations+surpass+290+million+as+long+positions+bear+the+brunt-newsid-n713917964)
2. Bitcoin Magazine — [Kalshi and Polymarket Enter the Crypto Race to Launch Perpetual Futures](https://bitcoinmagazine.com/news/kalshi-and-polymarket-enter-the-crypto)
3. CoinDesk — [Kalshi takes on Coinbase, Robinhood with new plan to offer crypto perpetual futures: The Information](https://www.coindesk.com/markets/2026/04/21/kalshi-takes-on-coinbase-robinhood-with-new-plan-to-offer-crypto-perpetual-futures-the-information)

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Cite as: TrendWatcher, "Crypto Futures Liquidations Top $290 Million, Long Bets Hit Hard", https://www.trendwatcher.in/article/d11e7e1b-738a-4dfb-b474-2eb5ac2c2308