Markets· ★★· bearish·

Ethereum Longs Account for 59.6% of Liquidations in Past 24 Hours

  • —3,222 long liquidations versus 2,181 shorts in 24 hours
  • —Longs accounted for 59.6% of ETH liquidations
  • —Data covers aggregated Ethereum derivatives market
Why it matters: The long-heavy liquidation split shows traders were positioned for upside and were caught by the move lower in ETH.
#ETH
Source: Coinotag
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