Crypto market sees $21.85M in liquidations over 24 hours, 87% shorts
- —Short liquidations hit $18.97 million, 6.6 times the $2.88 million in long liquidations
- —Ethereum topped the list with $5.2 million liquidated, 91% of it shorts
- —NEAR and BTC saw $4.76 million and $3.82 million liquidated, 91% shorts each
- —BTC +0.86% to $82,996, ETH +1.50% to $2,512, SOL +1.72%
Why it matters: The dominance of short liquidations signals a market rebound squeezing bearish positions after the recent selloff.
Source: TokenPost