Crypto market sees $272.6M in liquidations over 24 hours, 83.5% longs
- —Long liquidations totaled $227.6M versus $45M in shorts
- —Ethereum: $106.9M liquidated, 91% longs
- —Bitcoin: $55.8M liquidated, 60% longs
- —SOL, XRP and ZEC fell 2.9–8.4% over the day
Why it matters: The long-heavy liquidation mix shows traders betting on a rebound, raising the risk of cascading selling if prices hit new lows.
Source: TokenPost