Crypto market sees $147.53M in liquidations over 24 hours, 72% shorts
- —Total liquidations hit $147.53M: $106.28M shorts vs $41.26M longs
- —BTC liquidations reached $63.92M, 74% of them shorts
- —ETH liquidations totaled $51.9M, 80% of them shorts
- —SOL saw $10.16M (60% shorts), ZEC $5.91M (74% shorts)
Why it matters: The dominance of short liquidations signals an upward squeeze that could fuel short-term price gains.
Source: TokenPost