Markets· ★★★· bearish·

Crypto market sees $272.72M in liquidations over 24 hours, 88.3% longs

  • —Long liquidations totaled $240.83 million versus $31.89 million in shorts
  • —BTC fell 1.25% to $82,680; ETH dropped 1.16% to $2,550
  • —Bitcoin liquidations reached $106.92 million, 91% of them longs
  • —SOL slid 2.84%, XRP 3.41% and ZEC 7.68%
Why it matters: The long-heavy liquidation mix signals seller pressure and raises the risk of further downside if key supports break.
Source: TokenPost