Markets· ★★★· bearish·

$213 million liquidated in crypto in 24 hours, 87% longs

  • —Long liquidations totaled $185.08 million versus $28.21 million in shorts, a 6.6x gap
  • —Ethereum liquidations reached $59.39 million, 82% of them longs
  • —Bitcoin liquidations hit $52.59 million, 88% longs
  • —BTC fell 0.45% to $81,580, ETH slipped 0.39% to $2,394, ZEC lost 3.93%
Why it matters: The long-heavy liquidation mix signals traders are betting on a rebound, raising the risk of cascading selling if support levels break.
Source: TokenPost