Crypto market sees $228.66M in liquidations over 24 hours, shorts at 50.77%
- —Total 24-hour liquidations reached $228.66 million
- —Longs lost $112.57 million, shorts $116.09 million
- —BTC saw $87.9 million liquidated, 58% from longs
- —ETH: $73.4 million, 62% shorts; ZEC: $12.54 million, 72% shorts
Why it matters: Short liquidations dominating as BTC rose 1.67% and ETH gained 4.02% signals a market rebound after the selloff.
Source: TokenPost