Crypto liquidations hit $348M in 24 hours as both longs and shorts get wiped
- —Total 24-hour liquidations reached $348 million
- —Longs lost $195 million, shorts $152 million
- —BTC liquidations totaled $83.56 million, ETH $76.46 million
- —Largest single liquidation was $4.89 million on Hyperliquid-BTC-USD
Why it matters: Two-sided liquidations signal elevated volatility and uncertainty ahead of US inflation data.
Source: PANews