Crypto liquidations hit $334 million in 24 hours as longs and shorts split evenly
- —Total 24-hour liquidations reached $334 million
- —Longs accounted for $175 million, shorts for $160 million
- —ETH liquidations were $112 million, BTC $65.9 million
- —Largest single liquidation: $11.8 million ETHUSDT on Binance
Why it matters: Two-sided liquidations with longs and shorts nearly balanced point to choppy, directionless trading rather than a one-way flush.
Source: PANews