Crypto market sees $577.5M liquidated in 24 hours, 91% longs
- —Long liquidations totaled $526.6 million versus $50.97 million in shorts, a 10.3x gap
- —BTC: $234.8 million liquidated, 92% longs; price $80,415 (-0.99%)
- —ETH: $184.2 million liquidated, 90% longs; price $2,336 (-2.38%)
- —SOL fell 2.5%, ZEC 3.41%, HYPE 1.51% and XRP 1.1%
Why it matters: The long-heavy liquidation mix leaves the market exposed to further forced selling if key support levels give way.
Source: TokenPost