Crypto liquidations hit $62.7M in 24 hours, 68% were shorts
- —Total 24-hour liquidations reached $62.7 million
- —Shorts: $42.56 million, longs: $20.15 million
- —BTC liquidations: $7.22 million, ETH: $13.63 million
- —Largest single liquidation: $5.63 million on Binance ETHUSDT
Why it matters: Short-dominated liquidations signal upward price pressure squeezing bearish positions.
Source: PANews