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Bitcoin dipped under $22,000 during European hours on Wednesday, even as broader traditional markets remained relatively unchanged. Ether (ETH) shed over 2%. Among other large-caps, solana (SOL) and matic (MATIC) fell 6% in the past 24 hours, while Uniswap’s UNI and Avalanche’s AVAX fell 4% in the same period.

Long trades, or bets on higher prices, took 90% of the $220 million in liquidations on crypto futures trading over the past 24 hours as bitcoin (BTC) and ether (ETH) fell nearly 5%. Bitcoin and ether futures cumulatively saw $100 million in liquidations, while futures tracking dogecoin (DOGE), solana (SOL), XRP (XRP) and aptos (APT) took on $4 million in liquidations apiece.