Markets· ★★★· bearish·

Crypto market sees $452.86 million in liquidations over 24 hours, 86% longs

  • —Long liquidations totaled $391.08 million versus $61.78 million in shorts, a 6.3x gap
  • —BTC accounted for $176.16 million liquidated, 89% longs; ETH for $161.51 million, 84% longs
  • —SOL saw $23.93 million, NEAR $17.53 million and HYPE $15.37 million, 99% longs
  • —BTC at $80,355 (-0.38%), ETH at $2,336 (-1.62%); XRP +0.63%, ZEC +1.59%
Why it matters: The long-heavy wipeout shows traders betting on a rebound while BTC keeps testing the $80,000 support.
Source: TokenPost