Markets· ★★★· bearish· October 18, 15:45

$317 million liquidated in crypto in 24 hours, 79% longs

—Long liquidations totaled $251 million versus $66.1 million in shorts
—ETH longs liquidated for $62.99 million, BTC longs for $17.12 million
—BTC shorts closed for $11.58 million, ETH shorts for $8.68 million

Why it matters: The long-heavy liquidation mix shows leveraged buyers absorbing the brunt of the current volatility.

Source: TokenPost

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