Crypto market sees $35.24M in liquidations over 24 hours, 83.77% shorts
- —Short liquidations hit $29.52M versus $5.72M in longs
- —Ethereum: $13.13M liquidated, 94% shorts
- —Bitcoin: $7.59M liquidated, 73% shorts
- —SOL +1.34%, XRP +1.22%, HYPE +1.55%, ZEC +1.50% over 24 hours
Why it matters: The dominance of short liquidations signals a short squeeze and cautious optimism after the recent pullback.
Source: TokenPost