Crypto market sees $199.46M in liquidations over 24 hours, 54% shorts
- —Total liquidations hit $199.46M: $91.45M longs and $108.01M shorts
- —Bitcoin accounted for $93.51M, with 64% of that in shorts
- —Ethereum saw $56.43M liquidated, 57% of it in longs
- —SOL $11.5M, ZEC $9.4M, XRP $5.1M, HYPE $2.84M
Why it matters: Shorts dominating liquidations while BTC and ETH slip suggests sellers are fighting the tape, raising the risk of a short squeeze.
Source: TokenPost