Crypto market sees $97.8M in liquidations over 24 hours, 72% longs
- —Long liquidations totaled $70.57 million versus $27.24 million in shorts
- —ETH saw $41.85 million liquidated, 73% of it longs
- —BTC saw $33.98 million liquidated, 78% of it longs
- —ZEC saw $5.04 million liquidated, 51% of it shorts
Why it matters: The long-heavy wipeout signals mounting pressure on buyers with bitcoin trading below $80,000.
Source: TokenPost