$261.73 million liquidated in 24 hours, 54.46% shorts
- —Shorts made up 54.46% of liquidations — $142.54 million versus $119.19 million in longs
- —BTC liquidations totaled $85.86 million, 57% of which were shorts
- —ZEC: $53.09 million liquidated, 89% shorts
- —XRP liquidations totaled $16.3 million, 71% longs
Why it matters: The predominance of short liquidations amid a falling BTC price points to a rebound and pressure on sellers.
Source: TokenPost