Crypto liquidations hit $109M in 24 hours as shorts take the bigger hit
- —Total liquidations over 24 hours reached $109 million
- —Shorts lost $63.43 million, longs $45.5 million
- —BTC liquidations $21.76 million, ETH $29.92 million
- —Largest single liquidation: $3.01 million on Binance ETHUSDT
Why it matters: Heavier short liquidations signal a price rebound that is squeezing bearish positioning.
Source: PANews