With the positive Ether ETF news from the US last night, Bitcoin also surged and took a step closer to its record high of $73,000 in March. While Bitcoin rose sharply above $71,000, those who opened short positions in futures transactions suffered serious losses here.

While $325 million worth of futures positions were liquidated in the last 24 hours in cryptocurrencies, $265 million of them belonged to short positions.

In Bitcoin, a total of 105 million dollars of positions were liquidated, while $85 million of them were short positions. In Ether, $97 million worth of positions were liquidated. Most of these, $85 million, were also in short positions.

The loss value seen in Solana positions in the last 24 hours was $22 million.

At the time of writing, Bitcoin is trading at 71,100 and Ether at $3600.