Crypto liquidations hit $196 million in 24 hours, 65% longs
- —Total 24-hour liquidations reached $196 million
- —Longs lost $128 million, shorts $67.57 million
- —BTC liquidations $53.17 million, ETH $48.36 million
- —Largest single liquidation: $6.97 million ETHUSDT on Binance
Why it matters: The long-heavy wipeout shows buyers under pressure, raising the risk of further downside if BTC slips below $80,000.
Source: PANews