Crypto market sees $132.15M in liquidations over 24 hours, 71% shorts
- —Short liquidations totaled $94.24 million versus $37.91 million in longs
- —Bitcoin liquidations reached $62.21 million, 78% of them shorts
- —Ethereum saw $35.62 million liquidated, 69% shorts
- —SOL lost $6.83 million, ZEC $4.99 million and XRP $2.03 million
Why it matters: The short-heavy skew alongside rising BTC signals buyer pressure and raises the risk of a short squeeze if price clears $82,000.
Source: TokenPost