Post-FOMC Selloff Triggers $424M in Crypto Liquidations, Longs Account for 84% of Losses

Crypto derivatives markets saw $424M in liquidations during a post-FOMC selloff, with long positions accounting for $356.82M and shorts for $67.45M. Bitcoin liquidations totaled $159M, with 93% hitting long positions, while the largest single liquidation reached $6.5M and affected 13,719 traders. Hyperliquid led exchanges with 28.54% of total liquidations, followed by Bybit at 26.94% and Binance at 12.39%, with peak liquidations occurring between 12:00–13:00 UTC. Fed Chair Jerome Powell cited sticky inflation and oil-related risks while noting no clear path to rate cuts, as the Fear & Greed Index stood at 33.