Crypto liquidations hit $187.23M in 24 hours, 62.1% were longs
- —Total 24-hour liquidations reached $187.23M, with longs at $116.23M (62.1%)
- —Bitcoin: $61.31M liquidated, including $45.96M in longs vs $15.35M in shorts
- —Ethereum: $24.11M liquidated, price at $2,702.6 (-0.95%)
- —Largest single liquidation was $11.85M on Binance's BTCUSDT pair
Why it matters: The long-heavy liquidation mix signals seller dominance and raises the risk of further downside for BTC and ETH.
Source: Blockmedia