
$280.06M liquidated in 24 hours, 68.67% shorts
- —24-hour liquidations: $280.06M, shorts 68.67%
- —ETH: $128.92M liquidations, 71% shorts
- —BTC: $87.72M liquidations, 75% shorts
- —BTC -0.47% to $77,213, ETH -1.30% to $2,482
Why it matters: The dominance of short liquidations points to an upward squeeze, but the decline in BTC and ETH suggests weak demand ahead of the Fed meeting.
Source: TokenPost