Liquidations Jump 312% in 24 Hours, 70% Are Longs
- —24-hour liquidations totaled $278.6 million, up 312.74%
- —Longs made up 70.3% of liquidations — $195.95 million
- —ETH liquidations hit $65.11 million, BTC $39.91 million
- —LSK rose 90% and triggered a $28.8 million short squeeze
Why it matters: The key level for BTC is $76,000: holding it would return the price to $77,500–78,000, while a break below would intensify pressure toward $74,000.
Source: Blockmedia