Crypto liquidations hit $297 million in 24 hours, shorts take $168 million
- —Total 24-hour liquidations reached $297 million
- —Shorts lost $168 million versus $128 million in longs
- —ETH liquidations hit $100 million, BTC $76.1 million
- —Largest single liquidation was $11.96 million on Binance BTCUSDT
Why it matters: Two-sided liquidations with shorts hit harder point to sharp price reversals and elevated volatility.
Source: PANews