$331.86 million liquidated in a day, 66.8% in shorts
- —Short liquidations totaled $221.77 million versus $110.09 million in longs over 24 hours
- —ETH: $94.39 million in shorts versus $27.52 million in longs
- —BTC: $72.35 million in shorts versus $13.35 million in longs
- —ZEC +6.72% and XRP +4.99% produced the largest short liquidations among altcoins
Why it matters: The sharp reversal in favor of shorts shows the market's high sensitivity to volatility ahead of the Fed meeting.
Source: Blockmedia