Crypto market sees $129.17M in liquidations over 24 hours, 78.63% shorts
- —Short liquidations hit $101.57M versus $27.6M in longs
- —BTC liquidations reached $72.57M, 83% shorts
- —ETH liquidations totaled $32.97M, 79% shorts
- —BTC rose 1.37% to $86,226; ETH gained 1.14% to $2,726
Why it matters: Shorts were liquidated 3.7 times more than longs, a squeeze that could fuel further short-term upside for BTC and ETH.
Source: TokenPost