Long liquidations hit $244M after hawkish FOMC minutes
- —Total 24-hour liquidations reached $295 million, with longs at $244.2 million (83%)
- —Ethereum liquidations hit $91.13 million, of which $80.95 million were longs (89%)
- —Bitcoin liquidations totaled $67.51 million, including $57.7 million in longs (86%)
- —Open interest rose 0.60% to $151.6 billion while volume fell 2.30%
Why it matters: Key levels: holding $82,500 will shape near-term direction, while a recovery above $84,500 could trigger a short squeeze.
Source: Blockmedia