$694.94M liquidated across crypto in 24 hours, 91.54% were longs
- —Total liquidations hit $694.94M: $636.12M longs vs $58.82M shorts
- —Ethereum: $292.99M liquidated, 92% longs
- —Bitcoin: $203.14M liquidated, 90% longs
- —Solana: $32.97M, Zcash: $20.32M, XRP: $14.55M
Why it matters: The long-heavy wipeout deepens selling pressure on ETH and BTC and raises the risk of further forced selling if key supports break.
Source: TokenPost