Crypto liquidations double to $406.77M, 59% from shorts
- —Total 24-hour liquidations: $406.77 million, up 102.18% in a day
- —Shorts: $240.92 million (59%), longs: $165.85 million
- —ETH liquidations $119.71 million, BTC $80.44 million, SOL $18.86 million
- —In the past hour, longs totaled $15.48 million versus $13.22 million in shorts
Why it matters: Key levels for BTC are holding $80,500 and reclaiming $82,000; a break lower would open the way to liquidity at $79,500.
Source: Blockmedia