Crypto liquidations hit $277M in 24 hours as longs and shorts both get hit
- —Total 24-hour liquidations reached $277 million
- —Longs lost $142 million, shorts $136 million
- —BTC liquidations were $91.26 million, ETH $56.71 million
- —Largest single liquidation: $6.92 million on HTX BTC-USDT
Why it matters: Two-sided liquidations signal choppy, range-bound trading where both bulls and bears are getting punished.
Source: PANews