Crypto liquidations hit $53.94M in four hours, 90% longs
- —$53.94 million liquidated over four hours
- —Longs accounted for $48.56 million, about 90%
- —Shorts made up less than 10% of liquidations
Why it matters: The long-heavy liquidation skew signals pressure on buyers and raises the risk of further downside if spot demand stays weak.
Source: Coinotag