A sudden wave of liquidations has rocked the crypto market, with Bitcoin $BTC $XRP and Solana $SOL at the center. Over $225 million in positions were wiped out within 24 hours, impacting more than 84,000 traders. Notably, BTC saw $91.43 million in liquidations, but short traders bore the brunt, accounting for $80.51 million, while long traders faced just $10.82 million in losses. XRP experienced an extreme 5,438% imbalance, with nearly all liquidations hitting long positions as the price slipped below $2.20 The event highlights the risks of high leverage and the market’s vulnerability to rapid sentiment shifts.