Crypto liquidations hit $267 million in 24 hours as shorts take the brunt
- —$155 million liquidated in four hours, $140 million of it shorts
- —Largest single liquidation: $11.96 million BTCUSDT on Binance
- —Wallet 0xb15b was liquidated five times in an hour, losing $1.11 million in two days
Why it matters: The short-heavy skew signals a sharp price move that forced bearish traders out of their positions.
Source: Coin Türk