Crypto liquidations hit $145.4M in one hour, 97.5% were longs
- —$145.41M liquidated in one hour, longs at $141.78M (97.5%)
- —24-hour liquidations reached $511.96M, longs at $430.29M (84%)
- —BTC's slide below $82,000 wiped out over $123M, including $119.78M in longs
- —The one-hour figure was 28.4% of the 24-hour liquidation total
Why it matters: The long liquidation cascade adds selling pressure; the key question is whether bitcoin holds above $82,000.
Source: Blockmedia