Crypto liquidations hit $79.8M in 24 hours, 67% shorts
- —Short liquidations totaled $53.4M versus $26.4M in longs
- —ETH accounted for $34.3M, with 78% from shorts
- —BTC saw $18.3M liquidated, 56% shorts
- —ZEC rose 5.67%, with 90% of its $6.4M in liquidations from shorts
Why it matters: The short-heavy skew signals a market rebound squeezing bearish positioning around the $80K BTC level.
Source: TokenPost