According to TechFlow, major tokens fell by as much as 10% in the past 24 hours, and more than $400 million in cryptocurrency long positions were liquidated. Dogecoin (DOGE) futures long positions were liquidated for $60 million, more than the liquidation amount of Bitcoin (BTC) futures. The price of Dogecoin fell by more than 10%.

Bitcoin long positions lost $47 million, while Ethereum (ETH) long positions lost the most at $76 million.