Markets· ★★★★· bearish·

Crypto liquidations top $1.11 billion in 24 hours, 84% longs

  • —Total 24-hour liquidations reached $1.112 billion
  • —Longs lost $930 million, shorts $175 million
  • —BTC liquidations hit $350 million, ETH about $253 million
Why it matters: The liquidation spike, as BTC slipped below $80,000, points to crowded longs and raises the risk of further cascading selling.
Source: ChainCatcher 链捕手