Crypto market sees $18.6M in liquidations over 24 hours, 58% shorts
- —Total liquidations hit $18.6M: $10.84M shorts vs $7.75M longs
- —BTC saw the largest liquidation at $3.91M, 72% shorts
- —WLD lost $2.88M, with 66% in short positions
- —BTC +0.77% to $84,838, ETH +0.71% to $2,683, SOL +1.54%
Why it matters: Low liquidation volume signals subdued volatility, but the short skew raises the risk of a sharp squeeze if resistance breaks.
Source: TokenPost