Crypto liquidations hit $172M in 24 hours, 67% shorts
- —Total 24-hour liquidations: $172 million
- —Shorts: $116 million; longs: $56.1 million
- —BTC liquidations: $57.6 million; ETH: $29.85 million
- —Largest single liquidation: $6.35 million BTC on Hyperliquid
Why it matters: The short-heavy liquidation mix signals a market rebound squeezing bearish positions.
Source: PANews