
Crypto market sees $142.18M in liquidations in 24 hours, 80% shorts
- —Total 24-hour liquidations: $142.18M, with shorts at $114.09M (80.24%) and longs at $28.1M
- —Ethereum: $49.11M liquidated, 79% of it shorts
- —Bitcoin: $47.36M liquidated, 85% of it shorts
- —ZEC gained 8.19%, ETH rose 2.65% and BTC added 1.15%
Why it matters: The short-heavy liquidation mix signals a market rebound that is squeezing bearish positioning at key levels.
Source: TokenPost