## Crypto Futures Market Sees Heavy Liquidations The cryptocurrency perpetual futures market has experienced significant liquidations in the past 24 hours, indicating volatile price action and potential short squeezes. Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) have been particularly affected. ## BTC Liquidation Volume and Ratio Bitcoin (BTC) futures saw a substantial $123 million in liquidations, with a notable 66.42% of those liquidations impacting short positions. This suggests a significant short squeeze, as upward price movement forced short sellers to cover their positions. ## ETH Liquidation Volume and Ratio Ethereum (ETH) futures experienced $78.67 million in liquidations. The liquidation ratio heavily favored short positions, at 71.46%. Like Bitcoin, this points to a potential short squeeze driving price volatility. ## SOL Liquidation Volume and Ratio Solana (SOL) futures recorded $33.60 million in liquidations. A staggering 84.96% of these liquidations were short positions, indicating an even stronger short squeeze than seen in BTC and ETH markets. These liquidations can significantly impact short-term price action. ```