Crypto liquidations hit $846 million in 24 hours, 83% longs
- —24-hour liquidations total $846 million, longs $702 million (83%)
- —Bitcoin liquidations $236 million, Ether $183 million
- —Largest single liquidation: $11.85 million ETHUSDT on Binance
Why it matters: The long-heavy wipeout signals a sharp selloff and adds further downward pressure on prices.
Source: PANews