Crypto liquidations hit $327M in 24 hours, 76% shorts
- —Total liquidations over 24 hours reached $327 million
- —Shorts accounted for $250 million, longs for $77.8 million
- —Short liquidations were 3.2 times the long figure
- —The report gave no breakdown by asset or price data
Why it matters: The short-heavy liquidation mix points to an upward price move, but without asset and price data the scale of the rally is unclear.
Source: TokenPost