Recent 24-hour cryptocurrency perpetual futures liquidations reveal substantial activity, particularly impacting short positions. Ethereum (ETH) led the way with $208 million in liquidations, with shorts accounting for a significant 66.16% of the total. XRP followed, experiencing $87.53 million in liquidations, where short positions were even more heavily affected, representing 76.88% of the liquidated volume. Bitcoin (BTC) also saw notable activity, with $79.83 million liquidated, and shorts comprising 74.26% of that figure. This data suggests a potential short squeeze across these major cryptocurrencies, potentially fueled by unexpected price surges or market volatility. Traders should exercise caution and manage risk appropriately when engaging in leveraged trading of perpetual futures. Monitor market conditions and news closely. ```

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