Increasing tensions in both Russia-Ukraine and Israel-Lebanon regions and rumors that the government will intervene in the melting of the Japanese yen against the dollar in the Far East have exacerbated the decline in risky assets.

In the last 24 hours, total liquidation in futures positions in cryptocurrencies reached $165 million, of which $155 million was long and $10 million was short positions.

While $50 million worth of positions were liquidated in Bitcoin, $47 million of this was from long positions.

While $70 million worth of positions were liquidated on Binance, $48 million on OKX and $14.2 million on the Bybit exchange, the situation was not good in altcoins. In Ether, where about $30 million (last 24 hours) was liquidated, $28.5 million of the positions were long and $800 thousand were short.

Of the $10.8 million liquidation in Solana positions, $10.5 million was long and only $300,000 was short.

As is known, liquidation of positions in leveraged and futures trading occurs when the investor’s collateral is insufficient.