Markets· ★★★· bearish·

Crypto liquidations hit $932 million in 24 hours, 85% were longs

  • —Total liquidations reached $932 million, with $796 million in longs
  • —ETH liquidations hit $281 million, BTC $212 million
  • —Largest single liquidation was $12.03 million on Binance-BTCUSDT
Why it matters: The long-heavy liquidation mix confirms buyer pressure after macro data and raises the risk of further downside if key supports break.
Source: PANews