$455M liquidated across crypto in one hour, 93.7% longs
- —Long liquidations totaled $427M versus just $28.57M in shorts
- —Binance led with $263M (58%), followed by Bybit at $68.49M, Gate at $36.97M and OKX at $30.7M
- —ETH liquidations reached $135M, BTC $81.33M and SOL $21.94M
- —BTC trades near $81,400 (-2.27%), ETH at $2,454 (-4.33%), ZEC down 14.42%
Why it matters: The long squeeze deepens pressure on BTC and ETH and could trigger further cascading selling.
Source: PANews