Crypto Futures Liquidations Reach $1.089 Billion in 4 Hours on Feb. 1

Crypto futures liquidations totaled $1.089 billion over 4 hours on Feb. 1, with long positions accounting for $1.051 billion, Coinglass data cited by BlockBeats show. The largest single liquidation was a $13.3899 million ETH-USD position on Hyperliquid. Over 24 hours, 356,339 traders faced $1.6 billion in liquidations.