$594.86M liquidated across crypto in 24 hours, 82% were longs
- —24-hour liquidations totaled $594.86M: $490.07M longs vs $104.79M shorts
- —BTC: $193.36M liquidated, 74% longs; price $83,670 (-0.61%)
- —ETH: $182.94M liquidated, 79% longs; price $2,533 (-1.54%)
- —SOL -3.45%, HYPE -5.22%, XRP -2.52%, ZEC -8.38%
Why it matters: The long-heavy liquidation mix signals an overleveraged market, raising the risk of further downside if demand stays weak.
Source: TokenPost