Markets· ★★★· bearish·

$214 million liquidated across crypto in 24 hours, 71.5% longs

  • —Total 24-hour liquidations reached $214 million
  • —Longs lost $153 million, shorts $61.3 million
  • —BTC liquidations $37.5 million, ETH $33.4 million
  • —Largest single liquidation: $5.1 million BTC-USD on Hyperliquid
Why it matters: The long-heavy liquidation split shows traders were positioned for upside and were caught by the price drop.
Source: PANews