$512M liquidated in crypto in 24 hours, 77.5% were longs
- —Total liquidations hit $512.18M, with longs at $396.88M and shorts at $115.29M
- —BTC: $162.89M liquidated, 68% longs; price $83,190 (+0.51%)
- —ETH: $162.29M liquidated, 75% longs; price $2,505 (-0.57%)
- —SOL $50.3M (88% longs), ZEC $22.1M, HYPE $18.24M (97% longs)
Why it matters: The long-heavy liquidation mix signals an overleveraged market, raising the risk of further downside if demand stays weak.
Source: TokenPost