Crypto market sees $329.24M liquidated in 24 hours, 93.7% longs
- —Long liquidations totaled $308.52M versus $20.72M in shorts
- —Bitcoin led losses at $138.9M, 97% of it longs
- —Ethereum saw $89.03M liquidated, 90% longs
- —SOL fell 3.60%, XRP 4.53%, ZEC 9.29% over the day
Why it matters: The heavy long skew signals overleveraged positioning and raises the risk of a further liquidation cascade if support breaks.
Source: TokenPost