Crypto liquidations hit $194.7M in 24 hours, 60% shorts
- —Shorts: $116.35M (59.8%), longs: $78.35M (40.2%)
- —BTC liquidations: $50.99M, 85.5% shorts
- —ETH liquidations: $42.58M, 74.3% shorts
- —ZEC jumped 6.68% to $1,272.09, shorts 73.6% of liquidations
Why it matters: Rising BTC and ETH are squeezing shorts, potentially adding upward momentum if demand holds.
Source: Blockmedia