Crypto liquidations hit $216M in 24 hours, shorts lead at $125M
- —Total liquidations reached $216M: $125M shorts, $91.76M longs
- —BTC liquidations totaled $96.12M, ETH $29.96M
- —Largest single liquidation was $11.85M on Binance's BTCUSDT pair
Why it matters: Two-sided liquidations with shorts dominating point to sharp price reversals and elevated volatility.
Source: PANews