$671.29 million liquidated in 24 hours, 72.88% longs
- —Longs accounted for $489.27 million, shorts for $182.02 million
- —ETH: $301.94 million in liquidations, 67% longs
- —BTC: $247.28 million in liquidations, 77% longs
- —XRP fell 10.87%, SOL 5.35%, HYPE 5.40%
Why it matters: Mass long liquidations add pressure to the market and could trigger further price declines.
Source: TokenPost