Markets· ★★★· bearish·

$314M liquidated across crypto in 24 hours, 82% longs

  • —Total 24-hour liquidations: $314 million
  • —Longs: $257 million; shorts: $56.5 million
  • —BTC: $69.05 million; ETH: $63.11 million
  • —Largest single liquidation: $7.03 million on Binance ETHUSDT
Why it matters: The dominance of long liquidations signals selling pressure on buyers and points to near-term market weakness.
Source: PANews