Crypto market sees $324.96M in liquidations over 24 hours, 89.6% longs
- —Long liquidations totaled $291.17 million versus $33.79 million in shorts
- —Largest liquidations: BTC $118.93 million (91% longs), ETH $102.85 million (89% longs)
- —ZEC fell 6.09%, XRP 4.90%, HYPE 4.51% and SOL 3.11%
- —A BTC break above $80,000 could trigger $619 million in short liquidations
Why it matters: Long-dominated liquidations deepen selling pressure and raise the risk of further downside if key support levels give way.
Source: TokenPost