Crypto market sees $245.25M in liquidations over 24 hours, 55% longs
- —Longs made up 55.07% of liquidations at $135.06 million versus $110.18 million in shorts
- —BTC liquidations totaled $96.73 million, 55% of them longs
- —ETH liquidations reached $80.54 million, with shorts at 51%
- —SOL fell 1.90%, XRP 2.53%, HYPE 2.90% and ZEC 4.92% over the day
Why it matters: Long-heavy liquidations as BTC slips below $80,000 point to weakening leveraged demand and risk of further downside.
Source: TokenPost