Crypto liquidations hit $355 million in 24 hours, 78% longs
- —Total 24-hour liquidations reached $355 million
- —Longs lost $278 million, shorts $76.96 million
- —ETH liquidations $80.58 million, BTC $48.26 million
- —Largest single liquidation: $7.27 million on SOXSUSDT at Binance
Why it matters: The long-heavy liquidation mix signals mounting pressure on buyers as the market slides.
Source: PANews