Crypto market sees $91.6M in liquidations over 24 hours, 62% shorts
- —Total liquidations hit $91.63M: $57.17M shorts vs $34.47M longs
- —BTC accounted for $46.89M, with 72% in short positions
- —ETH saw $20.61M, SOL $6.79M and NEAR $3.91M
- —BTC trades at $82,729 (+0.30%), ETH at $2,493 (-0.04%)
Why it matters: Short-heavy liquidations point to a brief squeeze higher, but the modest size leaves the market vulnerable to further volatility.
Source: TokenPost