Crypto liquidations hit $1.12B as Bitcoin and Ethereum slide
- —24-hour liquidations reached $1.12 billion across 187,006 traders
- —Longs totaled $1.04 billion, shorts $83.73 million (92.6% longs)
- —Ethereum saw $318.3 million, Bitcoin $286.15 million, Solana $66.64 million
- —Largest single liquidation: $19.98 million ETH-USD order on Hyperliquid
Why it matters: The long-heavy wipeout deepens selling pressure as BTC trades at $80,770 and ETH at $2,419.
Source: The Crypto Times