$514 million liquidated in 24 hours, 89% in shorts
- —A total of $514 million was liquidated in 24 hours
- —Shorts accounted for $458 million, longs for $56.1 million
- —BTC: $236 million, ETH: $89 million in liquidations
- —The largest liquidation was $8.53 million on Hyperliquid BTC-USD
Why it matters: Mass short closures reinforce upward momentum and could accelerate bitcoin's rise toward $80,000.
Source: PANews