Crypto liquidations hit $291M in 24 hours, 89% longs
- —Total 24-hour liquidations reached $291 million
- —Longs accounted for $258 million, shorts $33.2 million
- —BTC liquidations $54.6 million, ETH $52.3 million
- —Largest single liquidation: $4.51 million ZEC/USDT on Binance
Why it matters: The long-heavy liquidation mix signals a sharp price pullback that squeezed leveraged buyers.
Source: PANews