
Crypto Liquidations Top $1 Billion as Longs Take 85% of Losses
- —24-hour liquidations reached $1.09 billion, hitting 181,077 traders
- —Longs lost $930.54 million, about 85% of the total
- —Largest single order was a $19.98 million ETH long on Hyperliquid
- —In the last 4 hours, $13.39 million of $16.64 million came from shorts
Why it matters: Bitcoin's $80,000–82,000 zone will determine whether the bounce extends or a fresh wave of long liquidations follows.
Source: U.Today