Crypto market sees $99.3M liquidated in 24 hours, 84% shorts
- —Short liquidations hit $83.6 million versus $15.7 million in longs
- —ETH liquidations reached $36.4 million, 85% shorts
- —BTC liquidations totaled $31.3 million, 85% shorts
- —ZEC rose 7.29%, HYPE 5.11% and SOL 2.37%
Why it matters: The short-heavy liquidation mix during a price rally points to a squeeze on sellers and possible further upside momentum.
Source: TokenPost