Crypto liquidations hit $307M in 24 hours as bitcoin fights for $83K, short liquidity builds at $85.5K
- —24h liquidations: $307.35M, shorts $187.69M (61.1%), longs $119.67M
- —In the past 4 hours, $63.21M liquidated, 95.7% of it longs
- —BTC accounted for $108M of liquidations, ETH for $68.97M
- —ZEC rose 3.17% with $12.3M liquidated, 80% shorts
Why it matters: A break below $83,000 risks a long-liquidation cascade toward $81,000, while reclaiming $85,000 could trigger a short squeeze into $86,000–87,000.
Source: Blockmedia