Markets· ★★★· bearish·

$754 million liquidated across crypto in 24 hours, 91% longs

  • —Total liquidations hit $754 million, with $685 million in longs (91%)
  • —ETH liquidations reached $203 million, BTC $190 million
  • —Short liquidations totaled $69.73 million
  • —Largest single liquidation was $11.82 million on Binance BTCUSDT
Why it matters: The heavy skew toward long liquidations signals a sharp downside reversal and could add further selling pressure.
Source: PANews