Crypto liquidations hit $118.7M in 24 hours, 69% longs
- —Longs liquidated for $82.01 million, shorts for $36.71 million
- —ETH liquidations: $22.41 million longs and $9.81 million shorts
- —BTC liquidations: $13.24 million longs and $5.71 million shorts
- —ETH liquidations exceeded BTC by $13.27 million
Why it matters: The long-heavy split shows leveraged buyers taking the hit, though the total is well below recent market-wide flushouts.
Source: TokenPost