$774M liquidated in 24 hours as longs take 89% of losses, Bitcoin at $81,594
- —Total liquidations: $774.14M, with longs making up 88.9% ($688.56M)
- —Ethereum saw $169.23M liquidated (86.3% longs); Bitcoin $160.48M (90.2% longs)
- —Largest single order: $9.65M BTCUSDT long on Binance, liquidated at $81,772.75
- —Market cap fell 4.40% to $2.77 trillion; 172,662 traders liquidated
Why it matters: All eyes are on Wednesday's US CPI print: a hot reading would pressure leveraged longs further, while a soft one could spark rebuilding of positions.
Source: BeInCrypto IT